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Bank of Nova Scotia



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5Vote!

UPDATE 1-Scotiabank inks China banking partnership

TORONTO , Nov 6 (Reuters) - Bank of Nova Scotia said on Friday it reached a partnership deal with China Everbright Bank [EVRBK.UL] that will allow people moving to Canada to open a Scotiabank account while still in China.

5Vote!

Scotiabank sees growth potential, regulatory risk

TORONTO, Nov 2 (Reuters) - The head of Bank of Nova Scotia said on Monday that growth opportunities were emerging for Canada's third largest bank, but warned that regulatory uncertainty was a huge risk to global growth.

3Vote!

Commencement of limitation period for demand loan

Today's decision in Bank of Nova Scotia v. Williamson , 2009 ONCA 754 decides that the limitation period for a demand loan runs from date of demand and not from when the lender knew or ought to have known that the principal debtor was not going to pay. The Court held: Issue 2: Does s. 5 of the Limitations Act, 2002 change the date for the commencement of the limitation period from the date of demand...

3Vote!

Bank of Nova Scotia

In reply to Cara's Commentary & Community Chat, Thursday, Oct. 29, 2009 : Bank Nova Scotia (BNS) is the first bank in Canada to sell gold online and it plans to roll out globally. Finally, a progressive thinking bank. I like the concept. What do y'all think? http://www.scotiamocatta.com/news/eStore_Press_Rel... http://www.scotiamocatta.com/

3Vote!

BNS net Senior League title

Bank of Nova Scotia (BNS) capped off a fine season in the Jamaica Netball Association (JNA)

3Vote!

Gold prices could hit $1 400 an ounce next year - Scotia

ScotiaMocatta, the precious metals division of the Bank of Nova Scotia, said on Thursday gold prices could rise as high as $1 400 (R10 430) an ounce in 2010 as investors turn to the metal as a store of wealth.

3Vote!

Run for Cover Updated

Today precious metals continue their rather steep and steady market climb with gold trading in the $1064.00/ oz range. Various pundits and gurus offer a litany of reasons causing this increase not the least of which is the continuing inflationary policies of the world's central banks led by the US Federal Reserve Bank. Some of the "experts" have been hinting that the inventories published...

3Vote!

RBC poised to spend C$1bn on buy-backs

Posted in the FT by Bernard Simon: Royal Bank of Canada has signalled that it could spend more than C$1bn ($965m) of its bulging capital on share buy-backs, underlining the contrasting financial health of Canada’s banks and many of their US and European counterparts. Canadian banks have built a sizeable capital cushion over the past 18 months through retained earnings and new equity and preferred-share...

3Vote!

Hedge Funds Take Direct Stakes In Commodities… Should We Be Wary?

By Martin Hutchinson on October 14, 2009ScotiaMocatta, the Canadian commodities trader and subsidiary of the Bank of Nova Scotia, has asked regulators to approve plans for a fund that would take physical positions in copper.Credit Suisse Group AG is working with Glencore International AG, the world’s largest trading house, on an exchange-traded fund (ETF) that will be backed by actual aluminum...

3Vote!

Hedge Funds Take Direct Stakes In Commodities … Should We Be Wary?

ScotiaMocatta, the Canadian commodities trader and subsidiary of the Bank of Nova Scotia (NYSE: BNS), has asked regulators to approve plans for a fund that would take physical positions in copper. [More...]

3Vote!

Hedge Funds Take Direct Stakes in Commodities … Should We Be Wary?

By Martin Hutchinson Contributing Editor Money Morning ScotiaMocatta, the Canadian commodities trader and subsidiary of the Bank of Nova Scotia (NYSE: BNS), has asked regulators to approve plans for... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first.

3Vote!

Wide price swings place bulls, bears in a bind

Readers will know that I have been a bull since late February, when this column examined Bank of Nova Scotia shares, then deeply oversold at 35 per cent below their 200-day moving average (a modern record). I also suggested there could be a "stunning rally" in North American financial stocks.

5Vote!

UPDATE 1-Scotiabank-led team to control Canwest dailies-paper

Oct 8 (Reuters) - A group of creditors led by Bank of Nova Scotia will run the daily newspapers owned by Canwest Global Communications Corp , which announced a long-awaited recapitalization plan this week, the Globe and Mail reported on its website.

5Vote!

Scotiabank-led team to control Canwest dailies- paper

Oct 8 (Reuters) - A group of creditors led by Bank of Nova Scotia will run the daily newspapers owned by Canwest Global Communications Corp , which announced a long awaited recapitalization plan this week, the Globe and Mail reported on its website late on Wednesday.

5Vote!

Thai Thanachart Bank to raise $1.2 bln in rights issue

BANGKOK, Oct 7 (Reuters) - Thailand's Thanachart Bank (TBANK), 49 percent owned by Canada's Bank of Nova Scotia , plans to raise 40 billion baht ($1.2 billion) in a rights issue to fund the acquisition of a stake in in Siam City Bank , its chairman said.