Contrary to speculation, Bank of Nova Scotia (BNS) has no plans to sell its 36% stake in...

|About: The Bank of Nova Scotia (BNS)|By:, SA News Editor

Contrary to speculation, Bank of Nova Scotia (BNS) has no plans to sell its 36% stake in Canadian mutual fund company CI Financial, says head of global wealth management Chris Hodgson. If anything, the bank is interested in upping its investment. "We like the asset management business."