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Company: Bank of Nova Scotia

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Canadian flag and chart

Recession to drive higher loan losses, weaker earnings, Fitch says

Skyline of the financial district

DBRS examines the prospect for the Euro giant to compete with the Big Six

Concept of financial data and stock market trading

As country is plunged into recession, banks to see rising loan losses, tighter margins

Bank consolidation

Revenues, earnings up despite lower rates, rising credit provisions

Climate change board

Transition risks ease in short-term, but longer term threats loom

Economic fallout would weigh on banks' credit quality, driving loan losses

Pile of money

JP Morgan tops global league tables, BMO Capital Markets leads in Canada

Bank consolidation

Growth of banks' foreign operations raises vulnerabilities: BoC paper

Scotiabank

The Canadian bank announced in August a plan to acquire a 14.9% stake in KeyCorp

Dollar bills

Loans and margins are growing, but credit provisions and expenses up too