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An update from Bank Of Nova Scotia ( (TSE:BNS) ) is now available.
On January 31, 2025, The Bank of Nova Scotia announced the issuance and sale of US$1 billion worth of 7.350% Fixed Rate Resetting Limited Recourse Capital Notes, Series 6, as part of its capital management strategy. These notes represent subordinated indebtedness and are part of the bank’s efforts to strengthen its capital base, potentially enhancing its financial stability and market competitiveness.
More about Bank Of Nova Scotia
The Bank of Nova Scotia, commonly known as Scotiabank, is a leading Canadian bank providing a wide range of financial services including personal and commercial banking, wealth management, and investment banking. The bank operates in various markets around the world, focusing on international growth and customer-centric strategies.
YTD Price Performance: -2.11%
Average Trading Volume: 1,410,674
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $63.72B
Learn more about BNS stock on TipRanks’ Stock Analysis page.
