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

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Post by Possibleidiot01on Dec 02, 2024 3:34pm

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Post# 36341358

John Zechner - BNN - SELL

SELL

Sold, and shifted into other names. Some analysts have really warmed to it lately. Domestic presence has increased dramatically and strongly. Wants to see all the bank earnings, feels expectations are too high what they can deliver on growth in the short term. Valuations are at higher end for all.

Paid a lot of $$ for its recent acquisition, and he wants to watch that play out. Canadian banks have a chequered history with US expansion, and he's not sure BNS will break that trend.

banks

$79.845