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Reuters UK (Free subscription) | 5 hours ago
TORONTO, Oct 6 (Reuters) - Bank of Nova Scotia said on Monday it planned to spend C$2.3 billion in cash to buy Sun Life Financial's stake in fund manager CI Financial , the bank's latest step to expand its wealth management business.
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Sports Jamaica (Free subscription) | 4 hours ago
Bank of Nova Scotia (BNS) 'A' handed defending champions General Accident their first defeat of the season
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atHome Top Story (Free subscription) | 6 hours ago
Bank of Nova Scotia said Monday it planned to spend $2.3 billion to buy Sun Life Financial's stake in CI Financial .
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Market Wire - Investment Opinion (Free subscription) | 01/10/2008
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Copper Mountain Mining Corporation (TSX: CUM), The Bank of...
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Law Blog - WSJ.com (Free subscription) | 22/09/2008
E*Trade will post a pretax gain of $425 million for the third quarter related to the sale of its Canadian operations to Bank of Nova Scotia.
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Seeking Alpha (Free subscription) | 11/09/2008
FP Trading Desk submits: A sale of Bank of Nova Scotia’s (BNS) mutual fund business to CI Financial Income Fund (CIXUF.PK) would likely require an equity stake in the wealth management firm, given Scotiabank’s desire to increase its exposure to this type of business. But, in order to demonstrate the impact an equity issue by CI would have on Sun Life Financial Inc.’s (SLF) nearly 40% ownership position,...
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Globe and Mail (Free subscription) | 11/09/2008
Ontario's economy will end 2008 with zero growth for the year, Bank of Nova Scotia economists said yesterday. While Canada's most populous province is stalling, other provincial economies will crank out at least a little bit of expansion, they said. This will range from 0.4 per cent in Quebec to 2.8 per cent in Saskatchewan, the bank said, in its first forecast revision since August. This will translate...
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Market Wire - Investment Opinion (Free subscription) | 29/08/2008
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for First Calgary Petroleums Ltd. (TSX: FCP), Bank of Nova Scotia...
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Chinalyst - China blogs in English (Free subscription) | 28/08/2008
Aug. 28 - Bank of Beijing is set to become the country’s first city commercial bank to expand into the fund management business in a joint venture with Canada’s Bank of Nova Scotia. The bank is China’s largest city bank in terms of assets and will a registered capital of RMB300 million (US$44 million). On the [...]
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DealBook (Free subscription) | 27/08/2008
Bank of Montreal and Bank of Nova Scotia, the first Canadian banks to report third-quarter earnings, said profits declined on rising loan losses. Bank of Montreal, Canada’s fourth-biggest bank, said net income for the period fell 21 percent, to 521 million Canadian dollars ($497 million), or 98 cents a share, its fifth straight profit decline. Scotiabank, the [...]
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atHome Top Story (Free subscription) | 27/08/2008
Bank of Nova Scotia's quarterly profit slipped 2 per cent despite record results in its domestic unit as provisions for credit losses climbed and capital markets revenue fell from high levels a year earlier.
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Seeking Alpha (Free subscription) | 27/08/2008
The Bank of Nova Scotia (BNS) F3Q08 Earnings Call Complete Story »
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People Daily (Free subscription) | 27/08/2008
Bank of Beijing, China's biggest city bank in terms of assets, said on Monday it would establish a fund management venture with Canada's Bank of Nova Scotia. The Beijing-based joint venture would have a registered capital of 300 million yuan (44 million U.S. dollars), it said in the half-year report. The Bank of Nova Scotia, Canada's third largest lender by assets, will own 33 percent of the venture,...
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atHome Top Story (Free subscription) | 26/08/2008
The Bank of Nova Scotia says profits fell two per cent to $1.01 billion in the third quarter on credit losses and lower capital markets revenue.
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Seeking Alpha (Free subscription) | 24/08/2008
FP Trading Desk submits: Speculation is running high that CI Financial Inc. (CIXUF.PK) is on the verge of acquiring Bank of Nova Scotia’s (BNS) mutual-fund business in exchange for a major equity stake. If a deal is forthcoming , CI, the third-largest investment fund company in Canada with $63-billion in mutual-fund assets, could legitimately rival IGM Financial Inc. and RBC Asset Management as the...