Bank of Nova Scotia – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Fri, 13 Dec 2024 20:10:11 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Bank of Nova Scotia – Investment Executive https://www.investmentexecutive.com 32 32 Scotiabank wins regulatory approval for second phase of KeyCorp investment https://www.investmentexecutive.com/news/industry-news/scotiabank-wins-regulatory-approval-for-second-phase-of-keycorp-investment/ Fri, 13 Dec 2024 14:31:29 +0000 https://www.investmentexecutive.com/?p=498505 The Canadian bank announced in August a plan to acquire a 14.9% stake in KeyCorp

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]]> Revenue gains fail to boost banks’ profits: Fitch https://www.investmentexecutive.com/news/research-and-markets/revenue-gains-fail-to-boost-banks-profits-fitch/ Fri, 06 Dec 2024 22:26:02 +0000 https://www.investmentexecutive.com/?p=498117 Loans and margins are growing, but credit provisions and expenses up too

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]]> Trump 2.0 a mixed bag for the Big Six https://www.investmentexecutive.com/news/research-and-markets/trump-2-0-a-mixed-bag-for-the-big-six/ Fri, 08 Nov 2024 17:56:31 +0000 https://www.investmentexecutive.com/?p=496354 BMO, RBC poised to benefit most, Scotiabank's strategy faces risks: DBRS

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]]> Canada’s first majority-Indigenous investment dealer to launch https://www.investmentexecutive.com/news/industry-news/canadas-first-majority-indigenous-investment-dealer-to-launch/ Wed, 16 Oct 2024 19:15:56 +0000 https://www.investmentexecutive.com/?p=494890 Scotia-backed firm will launch this month with 70% Indigenous ownership

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]]> Lower rates won’t help banks’ margins just yet: DBRS https://www.investmentexecutive.com/news/research-and-markets/lower-rates-wont-help-banks-margins-just-yet-dbrs/ Fri, 27 Sep 2024 18:43:33 +0000 https://www.investmentexecutive.com/?p=493530 Deposit costs will ease, but it will take time for banks' margins to improve

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]]> Bank earnings dogged by rising provisions: Fitch https://www.investmentexecutive.com/news/research-and-markets/bank-earnings-dogged-by-rising-provisions-fitch/ Fri, 30 Aug 2024 17:37:33 +0000 https://www.investmentexecutive.com/?p=491917 Higher loan-loss reserves drag on Q3 net income, despite revenue gains

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]]> Big banks to eke out modest earnings growth: Fitch https://www.investmentexecutive.com/news/research-and-markets/big-banks-to-eke-out-modest-earnings-growth-fitch/ Fri, 09 Aug 2024 19:46:59 +0000 https://www.investmentexecutive.com/?p=490849 Asset quality, capital expected to remain strong

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]]> Big banks must boost capital under now-delayed reform https://www.investmentexecutive.com/news/industry-news/big-banks-must-boost-capital-under-now-delayed-reform/ Thu, 18 Jul 2024 19:38:47 +0000 https://www.investmentexecutive.com/?p=489598 DBRS estimates $27 billion in capital needed to keep ratios at current levels

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]]> Rate cuts a welcome shift for banks https://www.investmentexecutive.com/news/research-and-markets/rate-cuts-a-welcome-shift-for-banks/ Mon, 10 Jun 2024 18:39:31 +0000 https://www.investmentexecutive.com/?p=487429 Easing financial pressures are expected to slow decline in credit quality, boost loan demand

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]]> Scotiabank profits slip amid rising strain in auto loans, mortgages https://www.investmentexecutive.com/news/industry-news/scotiabank-profits-slip-amid-rising-strain-in-auto-loans-mortgages/ Tue, 28 May 2024 15:29:07 +0000 https://www.investmentexecutive.com/?p=486608 Despite challenges, overall revenue grew

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