TD Canada Trust and Bank of Nova Scotia have lowered mortgage rates, effective April 7, the banks said Monday.TD is dropping its rates by 10 to 30 basis points.For example, the rate for a 1-year closed mortgage drops by 30 bps to 4.20%.Scotiabank is also trimming its rates by 10 to 30 bps.The rate for […]
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Bank of Nova Scotia has completed the acquisition of an additional 24% of Thanachart Bank, Thailand’s eighth-largest bank and leading automobile lender, for approximately $270 million. Scotiabank will purchase 416 million shares from Thanachart Capital raising Scotiabank’s holding in Thanachart Bank to 49%, the bank said Tuesday.That’s the regulatory limit for foreign banks in Thailand.“The […]