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Morton's Musings (Free subscription) | yesterday
Investment banker awarded damages in wrongful dismissal suit Scotia Capital banker terminated after grieving bonus http://www.investmentexecutive.com/client/en/News/DetailNews.asp?Id=51493&cat=8&IdSection=8&PageMem=&nbNews=&IdPub = An Ontario Superior Court judge has awarded an investment banker $920,000 in damages in a wrongful dismissal suit. According to the judgment in the case,...
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SeekingAlpha.com (Free subscription) | 16/11/2009
David Hunkar submits: The top 10 Canadian banks based on assets held as of Dec. 2008 are listed below: S.No. Bank Total Assets as of Dec, 2008 (in US $ Millions) 1 Royal Bank of Canada 595,034 2 Toronto Dominion Bank 462,979 3 Bank of Nova Scotia 417,283 4 Bank of Montreal 342,006 5 Canadian Imperial Bank of Commerce 290,941 6 Canada Mortgage and Housing Corp 166,187 7 Caisse de depot et de placement...
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Jamaica Gleaner :: Business (Free subscription) | 15/11/2009
Bank of Nova Scotia Jamaica Limited (BNS) on Thursday launched proprietary software requiring merchants to pay for a revised service that allows them to automatically deduct payment from their customers who are credit-card...
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Reuters UK (Free subscription) | 13/11/2009
NEW YORK, Nov 13 (Reuters) - The Bank of Nova Scotia on Friday sold C$1.5 billion ($1.4 billion) of five-year notes, according to a term sheet seen by Reuters.
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Business Wire (Free subscription) | 11/11/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings to Scotiabank Peru S.A.A. (SBP): --Foreign currency long-term Issuer Default Rating (IDR) 'BBB'; --Foreign currency short-term IDR 'F2'; --Local currency long-term IDR 'BBB+'; --Local currency short-term IDR 'F2'; --Individual rating 'C/D'; --Support rating '2'. The Rating Outlook is Stable. Scotiabank Peru's (SBP) IDRs reflect...
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Reuters UK (Free subscription) | 06/11/2009
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.
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Reuters UK (Free subscription) | 02/11/2009
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.
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Morton's Musings (Free subscription) | 02/11/2009
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...
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Cara Community - Comments (Free subscription) | 30/10/2009
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/
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Business Report (Free subscription) | 22/10/2009
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.
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Fighting in the Shade™ (Free subscription) | 21/10/2009
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...
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Market Pipeline (Free subscription) | 19/10/2009
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...
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Geostrategy (Free subscription) | 18/10/2009
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...
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iStockAnalyst.com (Free subscription) | 14/10/2009
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...]
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