Bank of Nova Scotia today announced that Scotiabank Group has closed a deal to acquire controlling interests in BBVA Crecer AFP, a pension fund administrator in the Dominican Republic, and its related insurance company, BBVA Seguros. Terms of the transaction were not disclosed.“The addition of BBVA Crecer AFP and BBVA Seguros fits with our strategy […]
Bank hikes quarterly dividend
Bank to expand trade services and correspondent banking businesses across the region
Banco del Desarrollo builds on existing operations in Chile
Banco del Trabajo is the 9th largest commercial bank in Peru
Saskatchewan city is home to an increasing number of newly-minted millionaires
Bank of Nova Scotia today announced that in its fourth quarter 2007 results there will be mark-to-market write-downs on non-Bank asset-backed commercial paper (ABCP) and structured credit instruments of approximately $190 million ($135 million after-tax).Scotiabank also announced that as a result of the bank’s domestic and international interests in Visa Inc., it will record a […]
New interactive tool helps investors calculate asset mix and foreign investments
Grupo Scotiabank today announced solid results for the third quarter of 2007 driven by continued asset and deposit growth, improved margins, increased non-interest revenues and well controlled expenses. Scotiabank Mexico’s third quarter consolidated net income was $132 million, or $1,391 million Mexican pesos.Bank of Nova Scotia says these results are adjusted to a Canadian GAAP […]
U.S. offering builds on bank’s NAFTA presence