| ||||||||||||||||||||||
| ||||||||||||||||||||||
Entries tagged "Bank of Nova Scotia"RBC shakes up bankers' pay structureRoyal Bank of Canada is shaking things up for its bankers, not by changing management but by adopting a new pay model. Canadian banks could grow at RBS' expenseAs Royal Bank of Scotland stumbles, Canada's leading banks may have their eyes on the U.K. firm's U.S. unit, Citizens Financial Group. Canadian banks talk small dealsCanadian banks are talking about deals, though not necessarily the deals everyone has been expecting. The country's five big banks -- Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce -- have withstood the recent stock market carnage better than most of their U.S. competitors. And that has sparked speculation since the spring that one or two of them could do a major deal in the U.S. ... Fuddy-duddy banks feast on their once flashy peersBoring is beautiful in banking, and we should all be excited at the prospects of the world being populated soon by more boring bankers. There is a Darwinian process of natural selection taking place among banks now, and it is those financial fuddy-duddies in their pin-striped suits who are feasting on their once flashier peers.... Rabble Babble: National City may be in talksThe next bank to sell out could be National City Corp. The Wall Street Journal is reporting that the regional bank is in talks with a number of banks about a possible sale. Potential bidders include PNC Financial Services Group Inc. and Bank of Nova Scotia, according to the report. Many regional banks have all taken a pounding in the credit crisis. National City's has been the hardest hit with shares on Wednesday closing down 1.8% to $2.23; the stock has lost 94% of its value since hitting a peak in mid-2007. The bank has a market capitalization of $4.7... Bank of Nova Scotia may acquire U.S. money managersThe Bank of Nova Scotia is open to making more acquisitions of money managers in North America. According to a report by Bloomberg, analysts have speculated that potential targets could include the money management units of troubled Ohio banks National City Inc., KeyCorp and Fifth Third Bancorp, and Wachovia Corp.'s Evergreen mutual funds. Not mentioned in the Bloomberg report is Lehman Brothers Inc.'s Neuberger Berman LLC unit, which could also be up for sale. ... IndyMac an intriguing targetAt the risk of sounding hysterical in these hysterical times, I'm going to predict that some institution will make a lot of money off IndyMac Bancorp Inc.'s problems. I'm surprised it hasn't happened already. ... When will Canadian banks head south?The subprime mortgage crisis has presented Canadian banks with a fascinating opportunity, and it will be interesting to see if any of them them seize it, and how quickly. ... Subprime crisis presents M&A opportunities for Canadian banksThe subprime mortgage crisis has presented Canadian banks with a fascinating opportunity, and it will be interesting to see whether any of them them seize it, and how quickly. Several factors have put the five big lenders in a fascinating position. First, the Canadian government has effectively ruled out big domestic bank mergers, so the banks have to expand outside the country. ... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Bank of Nova Scotia." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
 Deal Video
    Community
 Elsewhere on The Deal.comDealwatch
The Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| ||||||||||||||||||||||
| ||||||||||||||||||||||
