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Scuffles break out during Toronto protest over Israel-Hamas conflict
Scuffles broke out at a protest over the Israel-Hamas conflict at a Scotiabank building in downtown Toronto on Friday. The Palestinian Youth Movement posted about the event on Instagram and called on demonstrators to attend. A police spokesperson told Global News that officers responded to the demonstration involving around 250 people at around 10:30 a.m.
European stocks climb as markets assess U.S., China data European markets were higher on Wednesday as global markets digested data out of the U.S. and China. U.K. inflation fell sharply in October to 4.6%, lowest in two years. Scotiabank names 10 Canadian stocks as 'prime candidates' to harvest tax losses.
Sarah Bernstein wins $100K Scotiabank Giller Prize for novel Study for Obedience | CBC Books The $100,000 prize is the richest in Canadian literature. Pro-Palestinian groups have taken issue with Scotiabank's investment in Elbit Systems Ltd.
Orlen in advanced talks to buy KUFPEC Norwegian assets... Polish state-controlled oil and gas group Orlen is in advanced talks to buy Kuwait Foreign Petroleum Exploration Company's stakes in producing assets on the Norwegian continental shelf. KUFPEC hired Scotiabank earlier this year to manage the sale process for its Norwegian assets.
Several charged after Scotiabank Giller Prize gala in Toronto interrupted during televised bash Pro-Palestinian groups have taken issue with Scotiabank’s investment in an Israeli arms producer. All three, who range in age from 23 to 25, face charges of obstructing property and using forged documents. They’re due back in court in January.
Rural areas in New Brunswick brace for the loss of banks | CBC News Scotiabank recently announced it will close its Nackawic branch, the only bank in the rural town 65 kilometres west of Fredericton. The bank says it is consolidating "a series of branches across various markets" in Canada because customer preferences are changing.
P.E.I. customers disappointed to hear 3 Scotiabank branches closing | CBC News Scotiabank customers on P.E.I. are raising concerns about plans to close the Crapaud, Kensington and O'Leary branches. The relocation plans will mean some customers will have to drive 30 minutes for in-person banking. The branch in Summerside will be relocating to a nearby location in late 2024.
Scotiabank appoints Bogdaneris as head of Canadian... Bank of Nova Scotia appoints former ING Group executive Aris Bogdaneris as group head of its Canadian banking segment. He will replace Dan Rees, who is leaving Scotiabank to pursue other opportunities.
Scotiabank appoints Bogdaneris as head of Canadian banking unit Bogdaneris will join Canada's fourth largest bank after heading ING Group's retail banking unit for more than seven years. He will replace Dan Rees, who is leaving Scotiabank to pursue other opportunities.
Head of Canadian banking at Scotiabank Dan Rees departing Scotiabank's head of Canadian banking is leaving after a 25-year career at the financial institution. Dan Rees is leaving to pursue other opportunities. Rees will be replaced effective Friday by Aris Bogdaneris.
Canadian Tire buys back Scotiabank's stake in financial... Canadian Tire buys back Scotiabank's stake in financial arm, reviews options. Bank of Nova Scotia had bought the stake in Canadian Tire Financial Services for C$500 million in 2014. CTFS plays a key role in the company's loyalty program.
Canadian Tire reviews options for financial arm, buys... Canadian Tire reviews options for financial arm, buys back Scotiabank's stake. Bank of Nova Scotia had bought the stake in Canadian Tire Financial Services for C$500 million in 2014. CTFS plays a key role in the company's loyalty program.
Scotiabank Sells Canadian Tire Unit Stake for $647 Million Canadian Tire Corp. bought back a 20% stake in its financial-services business from Bank of Nova Scotia. The Toronto-based retailer also said it will work next year with Goldman Sachs Group Inc. to evaluate strategic options. The deal comes about two weeks after Scotiabank announced it would take a fourth-quarter charge of C$590 million.
Bank layoffs in Canada: Here's what it could mean, according to experts Last week, Desjardins laid off nearly 400 employees and Scotiabank announced it would cut 3 per cent of its global workforce. RBC's planned cuts come as a cost-saving strategy following the weight of high expenses in the third quarter. For the banking industry, factors such as rising interest rates and less than favourable third-quarter results are leading to cuts.
Scotiabank cutting 3% of staff amid efforts to streamline banking operations Scotiabank says it's cutting about three per cent of its global workforce. Bank also says it will take several charges that total $590 million after-tax for its fourth quarter. The bank had 19,275 employees in its third quarter.
Scotiabank to cut about 3% of its global workforce Bank of Nova Scotia will cut about 3% of its global workforce. Move will result in restructuring charge and severance provisions of about C$247 million. Scotiabank is the latest Canadian bank to cut jobs.
Scotiabank cutting 3% of global workforce Scotiabank is cutting about three per cent of its global workforce. The cuts are a result of changes at the bank and customers' day-to-day banking preferences. The bank will also take several charges that total $590 million after-tax for its fourth quarter.
Scotiabank cutting 3 per cent of global workforce, will take US$590M Q4 charge after tax Scotiabank says it is cutting about three per cent of its global workforce. The bank said the cuts, which work out to around 2,700 staff, come as a result of bank digitization and automation. The cuts come as the bank looks to restore positive operating leverage, as well as a strategic refresh.
These are the 5 headlines you should read this morning Scotiabank is cutting about three per cent of its global workforce. The move is a result of changes at the bank and customers' day-to-day banking preferences, as well as ongoing efforts to streamline operations.
A 47-year mortgage? They're out there — and even longer ones could be coming | CBC News Banking regulator says about $250B worth of home loans are either currently or soon to be negatively amortized. RBC and Scotiabank do not originate mortgage products with negative amortization.
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