Bank of Nova Scotia – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Tue, 23 Apr 2024 20:53:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Bank of Nova Scotia – Investment Executive https://www.investmentexecutive.com 32 32 U.S. election outcome looms large for Canada https://www.investmentexecutive.com/news/research-and-markets/u-s-election-outcome-looms-large-for-canada/ Tue, 23 Apr 2024 20:53:19 +0000 https://www.investmentexecutive.com/?p=484604 Risk of a trade war, inflation, higher interest rates accompanies U.S. vote

The post U.S. election outcome looms large for Canada appeared first on Investment Executive.

]]> Ontario court certifies fourth NSF fee class action https://www.investmentexecutive.com/news/from-the-regulators/ontario-court-certifies-fourth-nsf-fee-class-action/ Fri, 12 Apr 2024 12:51:10 +0000 https://www.investmentexecutive.com/?p=483595 Case alleges Scotiabank charged duplicate fees on failed debits

The post Ontario court certifies fourth NSF fee class action appeared first on Investment Executive.

]]> Banks face array of shareholder proposals https://www.investmentexecutive.com/news/research-and-markets/banks-face-array-of-shareholder-proposals/ Fri, 08 Mar 2024 21:12:13 +0000 https://www.investmentexecutive.com/?p=481917 Environment, executive compensation and governance issues highlight the big banks' upcoming proxy season

The post Banks face array of shareholder proposals appeared first on Investment Executive.

]]> Court green-lights funding for bank class actions https://www.investmentexecutive.com/news/from-the-regulators/court-green-lights-funding-for-bank-class-actions/ Tue, 05 Mar 2024 18:48:31 +0000 https://www.investmentexecutive.com/?p=481587 Four banks face lawsuits over duplicate NSF fees

The post Court green-lights funding for bank class actions appeared first on Investment Executive.

]]> Big bank earnings challenged by expenses: Fitch https://www.investmentexecutive.com/news/research-and-markets/big-bank-earnings-challenged-by-expenses-fitch/ Fri, 01 Mar 2024 19:33:19 +0000 https://www.investmentexecutive.com/?p=481400 Upfront spending weighs on banks' bottom lines, despite revenue growth

The post Big bank earnings challenged by expenses: Fitch appeared first on Investment Executive.

]]> Toronto pension firm sues Scotiabank over pension plan for doctors https://www.investmentexecutive.com/news/industry-news/toronto-pension-firm-sues-scotiabank-over-pension-plan-for-doctors/ Fri, 01 Mar 2024 18:13:19 +0000 https://www.investmentexecutive.com/?p=481384 Claim for $700M alleges Medicus Pension Plan was built on confidential information

The post Toronto pension firm sues Scotiabank over pension plan for doctors appeared first on Investment Executive.

]]> TD reaches NSF fee class action settlement https://www.investmentexecutive.com/news/from-the-regulators/td-reaches-nsf-fee-class-action-settlement/ Fri, 22 Dec 2023 19:27:06 +0000 https://www.investmentexecutive.com/?p=477828 Similar cases remain outstanding against the other big banks

The post TD reaches NSF fee class action settlement appeared first on Investment Executive.

]]> Scotiabank could exit some foreign markets https://www.investmentexecutive.com/news/industry-news/scotiabank-could-exit-some-foreign-markets/ Wed, 13 Dec 2023 19:49:16 +0000 https://www.investmentexecutive.com/?p=477267 CEO Scott Thomson said the bank will direct about 90% of incremental capital to its Canadian, U.S. and Mexico markets

The post Scotiabank could exit some foreign markets appeared first on Investment Executive.

]]> OSFI’s buffer call a credit negative: Moody’s https://www.investmentexecutive.com/news/research-and-markets/osfis-buffer-call-a-credit-negative-moodys/ Mon, 11 Dec 2023 21:34:03 +0000 https://www.investmentexecutive.com/?p=477126 Higher capital levels would give the banks a bigger cushion, given the weaker economic outlook, report says

The post OSFI’s buffer call a credit negative: Moody’s appeared first on Investment Executive.

]]> Big Six see mixed results: Fitch https://www.investmentexecutive.com/news/research-and-markets/big-six-see-mixed-results-fitch/ Tue, 05 Dec 2023 17:20:55 +0000 https://www.investmentexecutive.com/?p=476599 Revenues were down slightly in Q4, while expenses and loan provisions were up

The post Big Six see mixed results: Fitch appeared first on Investment Executive.

]]>