On Tuesday, the Bank of Nova Scotia posted 4th quarter profits that were nearly tripled from the same period a year ago, when accounting provisions brought down earnings. Scotiabank posted net income of $902 million for the 3 months that ended on October 31st. This is up from the $315 million that was reported in

The Bank of Nova Scotia saw its fourth quarter net income nearly from the same period last year, which its profit was eroded by several accounting provisions. Scotiabank is the last of Canada’s “Big Six” to report its fourth quarter results, and has noted that its net income was $902 million or 83 cents per

Scotiabank announced on December 2nd announced two new mobile services to help keep customers informed during their busy lives. The first to be launched is Scotia InfoAlerts, a service which notifies customers via text message or e-mail of transactional activities into their accounts. The second is an application for the iPhone and iPod touch or

According to the latest outlook from Scotiabank, the Canadian stock market and the dollar will rise in 2010 as the economy struggles along the path from recession to recovery. Chief economist, Warren Jestin noted that, it clear that we are in a transition period, where we see good news on day and bad news the

Scotiabank announced on November 19th, 2009 it will be making changes in its posted residential mortgage interest rates.  These changes to the residential mortgage interest rates have been in effect since November 20th, 2009. One Year Open 6.55% Decreases by 0.20% One Year Closed 4.35% Decreases by 0.20% Two Year Closed 3.95% Decreases by 0.40%

For the 2nd consecutive review period, TD Canada Trust leads the charge in consumer online banking services with a score of 6.23; RBC Royal Bank was close in second with a score of 64.14, according to the data released in the 2nd edition of Surviscor’s Online Banking scorecard. Scotiabank took the 3rd spot with a

Scotiabank announced on November 6th, 2009 its new partnership with China Everbright Bank (CEB); CEB is a leading financial institution in China that provides immigrants and international students moving to Canada with the ability to open a Canadian bank account with Scotiabank while in China. Under this agreement, China immigrants and international students that plan