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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

The Bank of Nova Scotia is a bank in the Americas. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment provides a full suite of financial advice and banking solutions to retail, small business and commercial banking customers. The International Banking segment is a diverse franchise with Retail, Corporate, and Commercial customers. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across its footprint. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.


TSX:BNS - Post by User

Comment by Capharnaumon Apr 25, 2022 1:06pm
149 Views
Post# 34629465

RE:RE:RE:RE:Breakouts - This Big 6er Bank...

RE:RE:RE:RE:Breakouts - This Big 6er Bank...
indmuny wrote: It would seem higher interest rates would boost the share price since banks profit more with higher rates .... BUT .... the risk is higher owning a bank stock than fixed income and fixed income is about to become much more profitable.
If you can handle the risk the reward can be many times fixed income. 


The big banks should return over 10% annual return (compounded), I don't see fixed income becoming "much more profitable".
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