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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 Ajyyc1982on Nov 28, 2023 12:13pm
327 Views
Post# 35756507

RE:RE:RE:Not liking the numbers today.

RE:RE:RE:Not liking the numbers today.Their revenue didn't drop, infact it increased. They had 420 million in losses on job cuts in October and loan loss provisions aren't actual current losses it's a hedge against potential losses. post covid all the banks took these billions and did massive dividends increases . Their CET is above 13.5% 2.5% above the requirements. I would not be too worried.. this ain't 1989 with 13% interest rates, and 40% reduction in housing prices... rates will drop at the end of 2024
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