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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

Financial Services
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
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Comment by whodathunkiton Apr 27, 2017 2:52pm
184 Views
Post# 26175536

RE:Run on Tangerine

RE:Run on Tangerine
indoubtgetout wrote: If you think $1.5 million run on HCG HISA is large, just wait to hear about BNS....it will be several billions.    That is right BNS, until you give depositors public notice that you will stand by their deposits 100% not matter what they have on deposit, the RUN on TANGERINE will continue until the Tangerine HISA is emply!!   The longer you wait to make that public announcement the more % you will have to pay depositors to keep their money......you bank stock will also keep going down until you make the  announcement........


You can't seriously be comparing HCG with the big 5, are you?  HCG's issue has to do with depositors concerns related to HCG's subprime loans.  They are a high risk bank and people don't want to leave their money with them in a potentially explosive housing market.  Tangerine is a completely different animal.

Cheers.
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