DBRS affirms Scotiabank ratings
Domestic banking remains the key to stability, ratings agency says
- By: James Langton
- April 19, 2006 April 19, 2006
- 10:20
Domestic banking remains the key to stability, ratings agency says
Shareholders to receive £510 million
Revenue rises 23% in Q1
90% of common shares deposited
Strength in credit cards and commercial banking
Gluskin Sheff files preliminary prospectus
More needs to be done to cut red tape
Specialist firms buck down-trend
Bank of Nova Scotia today announced it is expanding its operations in the Caribbean and Central America with the acquisition of Citibank’s retail banking business…
Great-West Lifeco, IGM subsidiaries performing well
Expansion outside Quebec remains a challenge, DBRS says
Some companies could shareholder’s equity plunge by 50%
Campaign designed to increase awareness of bank’s long term commitment
Foreign equity sales heat up
Change better aligns firm with its subsidiaries
Buys Interchange Bank for US$480.6 million
Partnership with CCXI addresses growing demand
Bank can now trade renminbi-denominated A shares and bonds listed on domestic exchanges
Capital City Savings, St. Joseph’s and Saskatoon Credit Unions chosen for community goodworks programs
New relationship benefits CARP members and broadens IPC advisors’ client base
Canadian banks struggle with “legacy” systems
Picks up 62,000 customers in less than two years
Earnings show improvement, but bank faces hurdles in reducing costs