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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 Quintessential1on Jan 06, 2025 2:28pm
195 Views
Post# 36390950

RE:RE:Article from G & M...

RE:RE:Article from G & M...Maybe ...maybe not.  It usually does but anything less than the div it will be a plus.

• Transaction capital-neutral. The transaction is expected to be neutral to CET1 at completion. In Q1/F25 BNS expects an after-tax impairment loss of ~$1.4B (10bps-15bps to CET1), which is expected to be offset at close due to a reduction in RWA.

GLTY and all

Dibah420 wrote: We're still talking about a charge of $1.4B  plus another $300M in FX  so expect some red after it goes
x-div tomorrow.


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