SVB Financial Group ("SVB") (NASDAQ: SIVB) today announced the close of the Latin America Growth Lending Fund, a new $30 million venture and growth debt fund with Partners for Growth (PFG) and IDB Invest. The Fund aims to unlock innovation by providing capital to help emerging growth companies across Latin America and the Caribbean scale operations.
Moody's has reviewed the following ABCP program in conjunction with the proposed addition. At this time the addition, in and of itself, will not result in any rating impact on the respective program's ABCP. Moody's does not believe it will have an adverse effect on the credit quality of the securities such that the Moody's ratings are impacted.
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The Big Five Canadian banks are up significantly since March. However, Scotiabank (TSX:BNS)(NYSE:BNS) has lagged its peers during this period. The post Why Has Scotiabank (TSX:BNS) Underperformed Against Its Peers Since March? appeared first on The Motley Fool Canada .