Scotiabank builds on Latin American presence with equities brokerage in Colombia
TORONTO - Scotiabank (TSX:BNS) is building on its presence in Latin America with a new trading and equities brokerage in Colombia.
The bank says the opening is part of placing a priority on key countries in the region, which also include Peru, Mexico and Chile.
Head of global equities, Pruyn Haskins, says the bank believes the four nations have attractive economic fundamentals and growth prospects.
He says together the four countries have 208 million people and represent about 40 per cent of gross domestic product and 50 per cent of trade in the region.
Scotiabank calls itself Canada's most international bank with a presence in more than 55 countries.
Read more Business News
- Fire lights up the skyVernon / N. Okanagan - 6:27 am
- More than 5,000 behind in taxesKelowna - 5:00 am
- Teachers picket Clark luncheonPenticton / S. Okanagan - 5:00 am
- Missing Coldstream swimmerVernon / N. Okanagan
|QHR Technologies Inc||1.21||-0.01|
|Anavex Life Sciences||0.26||0.00|
|Copper Mountain Mining||2.71||-0.12|
|Sunrise Resources Ltd||0.03||-0.005|
|Mission Ready Services||0.16||+0.01|
Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...
The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...
Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...