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Company: Bank of Nova Scotia

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Low angle view of Skyscrapers in downtown Toronto during the day

Amid growing challenges, Canadian banks still well positioned to absorb headwinds

Close of businesswoman making announcement in paper trumpet

Canadian equity issuance dropped sharply in 2022, and debt down too

growth

Lagging effects of higher rates to impact banks' bottom lines this year

Low angle view of Skyscrapers in downtown Toronto during the day

Higher net interest income may be the only bright spot for Canadian banks in 2023

Bank of Nova Scotia main branch in Calgary, Alberta

AUM, wealth management revenue dropped amid challenging market conditions

Low angle view of Skyscrapers in downtown Toronto during the day

A key question for analysts will be how much banks are profiting from their loans

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Equity market activity and corporate debt issuance tumble in first nine months of 2022

Rising credit provisions and weak markets weighed on Q3 profits

Bank of Nova Scotia main branch in Calgary, Alberta

Weak financial markets pushed down wealth management revenue

compensation communication

As the bid for talented advisors increases, other Big Six banks haven't made material changes to compensation for incoming branch advisors

  • By: Katie Keir
  • August 19, 2022 August 19, 2022
  • 10:30