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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

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

Comment by boomtimeeron Aug 15, 2023 1:51pm
183 Views
Post# 35589411

RE:New 52 Week Low Achieved

RE:New 52 Week Low Achievedcheapest canadian bank so far,,,,,,,,the trend is down for most banks so far,,,,Fitch is ready to downgrade a bunch ta boot,,,,,,,they downgraded or will downgrade the US from their current tripple A ratings....going into fall the VIX appears in a long bottom trend,,,,ready for a major spike which translates into a likely substantial fall correction of the markets,,,extreme bullishness way over-done still,,,,you may see the banks take  a further 10% hit,,,,,,,,,never know,,,,buy low sell high,,,,,,,,,,,the Warren Buffett meter is currently well into the red zone,,,,,way over at 170%,,,,anything over 100% is considered over-valuation.......sorry for the good news...BNS may become the buying opp of a lifetime.....cheers
...bt
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