Bank of Nova Scotia T.BNS

Alternate Symbol(s): BNS

Financial Services

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.

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Bank of Nova Scotia

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Post by Possibleidiot01on May 10, 2024 7:15pm

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Post# 36034725

Brian Madden - BNN - HOLD

HOLD

Would not recommend selling - but does not own shares either. Believes higher quality names available in Canadian banking sector. New CEO has helped company, but will require major changes. Recent expansion in South America did not work out (returns did not make up for credit risk). Business has oligopoly in Canada with steady dividend. Good for investors to hold.

banks

$65.670