Bank of Nova Scotia T.BNS

Alternate Symbol(s): BNS

Financial Services Banks - Global

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to retail, corporate and commercial clients. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across the Bank's footprint. The Global Wealth Management segment serves investment fund and advisory clients across 13 countries. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. The Other segment includes Group Treasury, smaller operating segments and corporate items which are not allocated to a business line.

TSX:BNS - Post by User

Bank of Nova Scotia

Bullboard Posts

Post by ElMarkOon Feb 20, 2009 12:55pm

475 Views

Post# 15793147

Very Ugly...........

Here's the PF Phoebe created in July of '08. Could you imagine what this PF would like if it were created in Aug. '07. It would shock me if any of the Canadian banks had a SP of over $20 by the end of the year. It is an ominous sign when jobs are now beginning to disappear in Alberta. I wonder how much more bad paper the 5 major Canadian banks will be holding. I can't think of a compelling reason to buy any bank stock for the foreseeable future! Comments welcome.

Here's Phoebe's PF................