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Company: Bank of Nova Scotia

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Bank of Nova Scotia, Toronto, On

The bank has been on a spending spree in recent months

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The bank will become more exposed to the Dominican Republic’s higher-risk operating environment, says Moody’s

dominican republic flag on the beach

The deal for Banco Dominicano del Progreso will double Scotiabank’s customer base in the country

Bank of Nova Scotia, Toronto, On

Scotiabank’s recent acquistions were a complimentary fit

Bank of Nova Scotia main branch in Calgary, Alberta

The transaction is intended to double Scotia’s presence in Chile

Bank of Nova Scotia, Toronto, On

Transaction adds more than 500,000 new customers

Bank of Nova Scotia, Toronto, On

The announcement follows a similar proposal against TD Asset Management launched in April and the CSA’s proposal to ban mutual fund firms from paying discount brokerages trailer fees

Bank of Nova Scotia, Toronto, On

The transaction allows the bank to increase its reliance on wealth management as a source of earnings

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MD Financial will operate as a distinct, stand-alone brand within Scotia Wealth Management upon the closing of the deal

  • By: IE Staff
  • May 31, 2018 December 25, 2018
  • 16:35
Bank of Nova Scotia, Toronto, On

The four portfolios each invest in one or more underlying ETFs