Ratings supported by earnings diversity
Scotia Private Client Group clients with Scotia Cassels accounts will be able to view their investment portfolios on the internet through Scotia OnLine, Scotiabank’s internet banking platform, the bank said Monday.“We believe that giving clients the power to keep themselves informed on how their portfolio is performing will strengthen the relationship with their portfolio manager,” […]
Scotia Capital sees record quarter
Scotiabank to issue $650 million of Scotiabank Tier 1 Trust securities
Bank of Nova Scotia has completed its domestic offering of $1 billion of 4.94% subordinated debentures due 2019, the bank said Wednesday.The debentures will qualify as Tier 2B capital of the bank for regulatory purposes and are part of Scotiabank’s ongoing and proactive management of its capital structure, the bank said.The offering was made through […]
Bank of Nova Scotia intends to redeem all of the $325 million aggregate principal amount of 5.75% Debentures due May 12, 2014 on May 12, 2009 at par plus accrued and unpaid interest, the bank said Wednesday.The redemption has been approved by the Office of the Superintendent of Financial Institutions and is part of the […]
TD Canada Trust and Bank of Nova Scotia have lowered mortgage rates, effective April 7, the banks said Monday.TD is dropping its rates by 10 to 30 basis points.For example, the rate for a 1-year closed mortgage drops by 30 bps to 4.20%.Scotiabank is also trimming its rates by 10 to 30 bps.The rate for […]
Scotia iTrade covers bank’s discount brokerage platforms
Mark Cummings says the firm’s key to success is its cheap, efficient distribution network
TD cut rates on fixed mortgages