Canadian financial services company Scotiabank has signed an agreement to transfer its banking operations in Colombia, Costa Rica, and Panama to Davivienda. In return, Scotiabank will acquire a 20 ...
Bank of Nova Scotia raised CEO Scott Thomson's salary by about 27% to C$9.76 million ($6.80 million) in 2024, according to a ...
With its exit from Central America and Colombia, Scotiabank follows the trend of international banks retreating amid rising ...
Bank of Nova Scotia is keeping its focus squarely on North America. That’s according to CEO Scott Thomson, who joined BNN ...
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Scotiabank to transfer some Latam banking operations to DaviviendaThe Bank of Nova Scotia (NYSE:BNS), known as Scotiabank, agreed on Monday to transfer banking operations of its Colombia, Costa Rica, and Panama businesses to Davivienda in exchange for an ~20% ...
Scotiabank's net income dropped to 993 million Canadian dollars ($696.3 million), or C$0.66 a share, for the fiscal first quarter from C$2.2 billion, or $1.68, a year earlier. The result includes an ...
Since 2023, Scotiabank has been trying to recycle capital from its Latin American businesses into North America. It sold its operations in Colombia, Costa Rica and Panama last month and purchased 14.9 ...
As a part of the strategy, Scotiabank sold its Colombia, Panama and Costa Rica operations to Banco Davivienda and bought a roughly 15% stake in U.S. regional lender KeyCorp. On an adjusted basis ...
Detailed price information for Bank of Nova Scotia (BNS-T) from The Globe and Mail including charting and trades.
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