MARKET COMPOSITE
BNS - Bank Of Nova Scotia8:00:02 PM 4/19/2024
Price
$46.74
+ 0.17 (0.37%)
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Banking and Markets, and Global Wealth Management segments. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small businesses and commercial customers, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 952 branches and approximately 3,540 automated banking machines in Canada; and approximately 1,400 branches, 5,200 ATMs, and 22 contact centers internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
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Stock news

    There's no question that Canadian banks are facing headwinds, but that has opened up an opportunity for long-term dividend investors.

    Scotia Global Asset Management announced today the April 2024 cash distributions for the Scotia ETFs listed on the Cboe Canada exchange, which pay on a monthly basis. Unitholders of record on April 25, 2024 will receive a cash distribution payable on May 2, 2024, as noted below.

    Scotiabank has issued its inaugural EUR 1 billion, 5-year senior fixed rate Green Bond (the "EUR Green Bond") in the European market pursuant to Scotiabank's Sustainable Issuance Framework released on April 5, 2024 (the "Framework"). Scotiabank intends to allocate, in accordance with the Framework, an amount equal to the net proceeds from the EUR Green Bond offering to finance and/or refinance, in part or in full, new, or existing Eligible Green Assets (as defined in the Framework).

    Today, Scotiabank announced that it is accepting grant submissions across its footprint for the Net-Zero Research Fund. Organizations developing innovative research and opportunities to decarbonize key sectors and support the shift to a low-carbon economy have until May 28, 2024, to submit a submission for funding.

    If you are looking for dividend stocks that are trading at historically attractive prices, look north to Canada's largest banks.

    Bank of Nova Scotia said on Tuesday that upcoming elections in the U.S. and Mexico are creating political uncertainty but Canada's third-biggest lender was well equipped to navigate the region's shifting environments. Scotiabank's presence in the United States, Canada and Mexico makes it unique among Canadian banks, giving it among the biggest exposure to the North America's booming $1.6 trillion trade.

    Scotiabank announced that the nominees listed in the management proxy circular dated February 7, 2024 were elected as directors of the Bank. The detailed results of the vote for the election of directors held at its Annual Meeting of Shareholders on April 9, 2024 are set out below.

    Canadian lender Bank of Nova Scotia on Tuesday warned that upcoming elections in the U.S. and Mexico are creating political uncertainty, challenging the bank's long-term business decision-making ability. Canada's third biggest lender by assets is most exposed to the North America's booming $1.6 trillion trade and new CEO Scott Thomson in December unveiled a strategy to benefit from the regional trade, while potentially exiting or improving profitability at some weak markets such as Colombia. "...

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