Bank of Nova Scotia (BNS) News
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BNS News Highlights
- For BNS, its 30 day story count is now at 20.
- Over the past 22 days, the trend for BNS's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- LI, NOVA and ST are the most mentioned tickers in articles about BNS.
Latest BNS News From Around the Web
Below are the latest news stories about BANK OF NOVA SCOTIA that investors may wish to consider to help them evaluate BNS as an investment opportunity.
Scotiabank Stock Faces Worst Year Since 2008 as New CEO Enters(Bloomberg) -- Bank of Nova Scotia shares are on pace for their worst year since 2008 as analysts warn of weakness in the Canadian lender’s international business and uncertainty about the shakeup in its leadership.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesS&P 500 Roars Back From Six-Day Slide; Bonds Surge: Markets WrapPutin’s Mobilization Hits Russia’s Economy in Its Weak SpotsRussia Declares |
Here's Why I Just Bought BNS StockBank of Nova Scotia isn't your typical Canadian bank, which is why it got the nod over other options. |
Five Canadian Authors Named to 2022 Scotiabank Giller Prize ShortlistToday, the Scotiabank Giller Prize shortlist was announced, celebrating five Canadian fiction writers and the 29th edition of the Prize. The announcement was made at the Jack Rabinovitch Reading Room at The Toronto Reference Library in Toronto. |
CANADA STOCKS-TSX hits 18-month low as energy shares slideCanada's main stock index fell on Monday to its lowest level in 18 months, including declines for resource shares and for shares of one of the country's major banks, as investors worried about the economic impact of aggressive central bank tightening. The Toronto Stock Exchange's S&P/TSX composite index ended down 153.94 points, or 0.8%, at 18,327.04. "The final week of the month and the quarter has picked up where last week left off, with stock markets in retreat, Treasury yields soaring and currency markets in turmoil," Colin Cieszynski, chief market strategist at SIA Wealth Management, said in a note. |
Scotiabank’s CEO Pick Spurs Debate Over Whether Changes Loom(Bloomberg) -- Bank of Nova Scotia’s surprise pick of a CEO from outside its executive ranks is sparking a debate over whether major changes will result at Canada’s third-largest lender, whose shares have underperformed those of rivals for a decade.Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentStocks, Commodities Drop; US Treasury Yields Surge: Markets WrapUK Market Selloff Slams Gilts, Pound, Piling Pressure on BOEWall Street Banks Prep for Grim China S |
Scotiabank taps board member Thomson as CEO in surprise moveBank of Nova Scotia said on Monday it appointed Scott Thomson, a board member for six years, to succeed Chief Executive Officer Brian Porter, a move that came as a surprise due to the new CEO's lack of familiarity among bank investors. Thomson, 52, is joining Scotiabank from Finning International Inc, the largest dealer of Caterpillar Inc services and equipments, where he was the top boss for nine years. Thomson is stepping up to lead a company that has a market cap to C$83 billion ($60.3 billion), compared with Finning's C$3.7 billion market value. |
Scotiabank announces Brian J. Porter's retirement, names Scott Thomson as President and Chief Executive OfficerScotiabank today announced Brian Porter's decision to retire as President and Chief Executive Officer, effective January 31, 2023. With this announcement, Scotiabank's Board of Directors has appointed Scott Thomson as CEO of Scotiabank, effective February 1, 2023. Mr. Thomson is currently President and CEO of Finning International Inc. and has been a member of the Scotiabank Board since 2016. Mr. Thomson will initially serve as President, effective December 1, 2022, with responsibility for the B |
Scotiabank Supporting Urgent Relief Efforts in Eastern Canada with Donation to the Canadian Red CrossScotiabank is donating $250,000 to the Canadian Red Cross to get urgent relief to those in Eastern Canada affected by Hurricane Fiona. Funding will also support long-term recovery and resiliency efforts in the communities most impacted. |
Scotia Global Asset Management announces September 2022 cash distributions for Scotia ETFsScotia Global Asset Management today announced the September 2022 cash distributions for the Scotia ETFs listed on the NEO Exchange, which pay on a monthly or quarterly basis, as noted below. Unitholders of record on September 27, 2022 will receive a cash distribution payable on October 4, 2022, as noted below. |
3 Stocks That Could Create Lasting Generational WealthIf you are looking to pass your savings on to your children, this trio of high-yield stocks could help with that goal. |