Scotiabank Q4 profit up 11% to $1.24 billion
Scotia Capital profit falls 16%
- By: The Canadian Press
- December 2, 2011 December 2, 2011
- 08:35
Scotia Capital profit falls 16%
Bank posts record quarter, with all businesses delivering double-digit earnings growth
Bank achieved solid results across businesses in 2011, McCaughey says
Investors confident in their knowledge of RRSPs and other retirement savings vehicles
Cross border transactions accounted for 47% of total deal volume in the third quarter
Combined alternative trading system will account for 265% of European equities trading
Third-quarter debt is higher than a year ago, but the pace of increases has slowed as the year has progressed
Legislation provides for the appointment of a financial literacy leader and the responsibilities of the Financial Consumer Agency of Canada
Lack of competition in equities trading and clearing and settlement services worries smaller investment firms
Big six banks more susceptible to housing price corrections, interest rate shocks
Average equity of homeowners in their homes edges higher
Manitoba Securities Commission has approved new futures contracts
Continued growth in group retirement savings and insurance sales
Expert panelists will provide updates on regulatory reforms in Canada, the United States. and Europe
New slate of directors elected
Outlook for 2012 to have a greater impact on share prices than reported earnings
Dealership acquires Global Exempt Market Solutions, one of its main competitors
Maple Leaf Sports and Entertainment continues to be a “very successful investment”, pension fund says
Downgrades follow move to cut country’s sovereign ratings to junk status
The Institute appoints board of trustees for 2012 term
Canadian regulators should avoid implementing new rules simply because other jurisdictions are doing so
Financial literacy is another issue that presents opportunity for advisors to get involved
Half of Canadians say they rely on their “buy and hold” mentality in turbulent markets