Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $36,544
45%  
Woo hoo!! And we're now over 45%!! Thank you all very much!! God bless.

Keyword: scotiabank

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  • Scotiabank misses quarterly profit forecasts, sees 'marginal' growth in 2024 . ( Canada )

    11/28/2023 1:18:23 PM PST · by george76 · 5 replies
    Reuters ^ | November 28, 2023 | Nivedita Balu and Niket Nishant
    Bank of Nova Scotia ... the Canadian lender missed fourth-quarter profit estimates as uncertain economic climate prompted it to set aside more funds to guard against bad loans. Scotiabank kicks off Canadian banks' earning season, wrapping up a financial year marked with economic uncertainty, rising credit loss provisions as more consumers struggle to pay off their mortgages, layoffs to cut costs, and rising expenses. The bank's shares fell nearly 5% in early trading, dragging down Canada's main stock index (.GSPTSE). Lenders have been bracing for a surge in loan defaults as effects of the central bank's monetary policy tightening flow...
  • Report: National City in talks with PNC, Canadian bank

    10/09/2008 8:26:44 AM PDT · by rabscuttle385 · 11 replies · 875+ views
    According to a report in Thursday's Wall Street Journal, National City Corp. (NYSE: NCC) is in talks with two banks to discuss a possible sale. The WSJ cites unnamed sources "familiar with the situation." It names Pittsburgh's largest bank, PNC Financial Services Group Inc., and Bank of Nova Scotia in Canada as among the potential buyers.