08:28:41 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Bank of Nova Scotia
Symbol BNS
Shares Issued 1,217,526,201
Close 2014-08-08 C$ 71.55
Market Cap C$ 87,113,999,682
Recent Sedar Documents

Globe says TD, others downgraded by S&P

2014-08-11 08:47 ET - In the News

See In the News (C-TD) Toronto-Dominion Bank

The Globe and Mail reports in its Saturday edition Canada's six biggest banks including TD Bank and Royal Bank of Canada had their outlooks cut to negative from stable by Standard & Poor's because of regulatory changes that could affect bondholders. A Bloomberg dispatch to The Globe quotes Tom Connell, an S&P credit analyst, as saying in a statement Friday, "The outlook revision reflects our expectation of reduced potential for extraordinary government support arising from implementation of the proposed new elements of the resolution framework for Canadian banks." The other banks affected are Bank of Nova Scotia, CIBC, Bank of Montreal and National Bank of Canada.

© 2024 Canjex Publishing Ltd. All rights reserved.