Scotiabank’s purchase of Sun Life’s slice of CI Financial Income Fund gives insurer “firepower” to pursue growth
The NHL star will focus on promoting the launch of Scotiabank’s ScotiaHockey Visa in person and on TV commercials
Scotiabank customers will be able to open their TFSAs now and start using them immediately on Jan. 2, 2009
The buyout significantly increases the bank’s scale in the Canadian online investment market
Bank of Nova Scotia today announced that it has completed the domestic offering of 12 million, non-cumulative five-year rate reset preferred shares Series 22 at a price of $25 per share. The gross proceeds of the offering were $300 million.The offering was made through a syndicate of investment dealers led by Scotia Capital Inc. The […]
Partners with Bank of Beijing to establish fund management company
Bank of Nova Scotia today announced that as a result of strong investor demand for its domestic public offering of non-cumulative five-year rate reset preferred shares Series 22 the size of the offering has been increased to 12 million shares. The gross proceeds of the offering will now be $300 million.The offering was made through […]
Bank of Nova Scotia today announced a domestic public offering of 8 million non-cumulative five-year rate reset preferred shares Series 22 at a price of $25 a share, for gross proceeds of $200 million.Shareholders will be entitled to receive a non-cumulative quarterly fixed dividend for the initial period ending January 25, 2014 yielding 5% per […]
Provision for credit losses rises to $159 million
The acquisition of E*Trade Canada doubles the bank’s presence in the online brokerage sweepstakes