Company: Bank of Nova Scotia

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A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Case alleges Scotiabank charged duplicate fees on failed debits

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Environment, executive compensation and governance issues highlight the big banks' upcoming proxy season

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Four banks face lawsuits over duplicate NSF fees

Canadian flags in business district

Upfront spending weighs on banks' bottom lines, despite revenue growth

Claim for $700M alleges Medicus Pension Plan was built on confidential information

Similar cases remain outstanding against the other big banks

Scotiabank

CEO Scott Thomson said the bank will direct about 90% of incremental capital to its Canadian, U.S. and Mexico markets

Low angle view of Skyscrapers in downtown Toronto during the day

Higher capital levels would give the banks a bigger cushion, given the weaker economic outlook, report says

Revenues were down slightly in Q4, while expenses and loan provisions were up

Outlook shifts to neutral as banks adapt to higher rate environment