Tag: Scotiabank

• Monday, February 5th 2018 - 09:02 UTC

  Scotiabank takes over Citi´s consumer and small business operations in Colombia

  

  Citibank has sold its Colombian consumer and small business operations to Banco Colpatria Multibanca Colpatria S.A, the Colombian subsidiary of leading Canadian financial institution Scotiabank. Citibank operations in Colombia include 500,000 customers, 47 branches, and 424 self-service access points in Colombia. The deal also includes “assumption by Banco Colpatria of Citibank’s workforce,” according to Scotiabank.

• Wednesday, November 29th 2017 - 07:53 UTC

  Scotiabank en route to becoming Chile's third largest private bank

  

  Bank of Nova Scotia is pushing deeper into Latin America with a US$2.2-billion bid for control of a Chilean rival, looking to ignite its growth as the bank's fourth-quarter profit edged higher but missed expectations.

• Monday, November 10th 2014 - 08:49 UTC

  Scotiabank plans to shut 120 branches in Mexico and the Caribbean

  

  Canada’s Scotiabank has announced plans to shut or shrink 120 branches, largely in Mexico and the Caribbean, in a bid to save CAN$120 million (One Canadian dollar =US$0.87 cents) annually. The bank said it would close down 35 of its 200 branches in the Caribbean and would sever 1, 500 full-time employees, including 500 from its international operations.

• Friday, August 12th 2011 - 06:12 UTC

  Top CEOs to lead Brazil-Canada forum to promote trade and investments

  

  Canadian government has enlisted Bank of Nova Scotia CEO Rick Waugh to lead a group of chief executives who will help broker deeper trade and investment relations with Brazil, the world’s seventh largest economy.

• Friday, July 29th 2011 - 07:17 UTC

  Bank of Nova Scotia drops legal actions against Argentina for 600m dollars

  

  Argentina’s central bank said the Bank of Nova Scotia dropped legal actions against the country under which it sought 600 million dollars.

• Monday, July 4th 2011 - 05:20 UTC

  Canadian bank concludes purchase of Uruguay’s fourth largest private bank

  

  Canada’s Scotiabank announced it has closed the transaction to purchase Nuevo Banco Comercial S.A. (NBC), Uruguay's fourth largest private bank in terms of loans and deposits. The acquisition was announced on December 6, 2010. Terms of the agreement were not disclosed.

• Monday, December 20th 2010 - 06:19 UTC

  Canada’s Nova Scotia bank takes over RBS in Chile

  

  Chilean regulators approved last week the acquisition by Canada’s Bank of Nova Scotia (BNS) of the The Royal Bank of Scotland, and associate companies following on the agreement signed last September.