Bank of Nova Scotia today announced that it has received regulatory approvals and completed the previously announced purchases of two Peruvian banks. Through these purchases, Scotiabank will invest $390 million as announced in December.Scotiabank has purchased approximately 80% of Banco Wiese Sudameris (BWS) from Italy’s Banca Intesa, and has also purchased 100% of Banco Sudamericano […]
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Bank of Nova Scotia today announced plans to buy back up to 50 million of its shares in 2006, about 5%of its common stock.The bank said it will pay market prices and cancel any shares purchased, primarily to offset dilution resulting from stock option exercises over the year.Purchases under the normal course issuer bid will […]