BMO Capital Markets analyst Sohrab Movahedi maintains an Outperform rating on Bank of Nova Scotia
with a price target lowered from CA$80 to CA$78.
With Outlook Stable, this rating action follows Fitch's periodic review of the Canadian Banks Peer Group, which includes: Bank of Montreal (BMO), Bank of Nova Scotia
(BNS), Canadian Imperial Bank of Commerce (CIBC), Caisse Centrale Desjardins (CCD), National Bank of Canada (NBC), Royal Bank of Canada (RBC) and Toronto-Dominion Bank (TD).
Barclays, Deutsche, HSBC, Bank of Nova Scotia
and SociA(c)tA(c) GA(c)nA(c)rale face more than 25 lawsuits for their role in fixing gold prices.
Each of them expect to gain scale from the deal and increased position in the regiona[euro](tm)s sector.Country: PeruSector: Banking/Financial ServicesTarget: AFP Horizonte SABuyer: AFP Integra SA, Bank of Nova Scotia
, Grupo de Inversiones Suramericana SA, Profuturo AFP SAVendor: Banco Bilbao Vizcaya Argentaria SADeal size in USD: 516mType: DivestmentStatus: ClosedComment: Deal size doesnt include dividend.
The Bank of Nova Scotia
is the lead arranger and administrative agent; Canadian Imperial Bank of Commerce and Bank of Montreal are the Co-Syndication Agents.
Bank of Nova Scotia
has increased its quarterly dividend to CAD0.52 a share, up from CAD0.49 a share.
Bank of Nova Scotia
, known as Scotiabank, is growing across Latin America, Valor added.
bank HSBC Holdings and Canada's Bank of Nova Scotia
, among others, clear evidence that the regional BAC had suddenly become an attractive target among global giants.
Americas, New York, and The Bank of Nova Scotia
, Toronto, for a $60-million debtor-in-possession (DIP) revolving credit facility.
Josephs left his job in 2000 as director of debt securitisation for the Bank of Nova Scotia
in New York.
However, in October 2002 five banks, CIBC, TD Canada Trust, Bank of Nova Scotia
, BMO Bank of Montreal and Royal Bank of Canada entered into an agreement to assume ownership of the firm.
wound up its operations in Australia and Japan, the company sold its three year old Canadian subsidiary, Charles Schwab Canada to Bank of Nova Scotia
. The terms of the transaction were not disclosed but the price tag is estimated to be around $40 million.