Market Currents

• Saturday, February 7, 2009

• 18:57 PM Bank of Nova Scotia (BNS) has played it safe and smart, writes Barron's, largely avoiding the mistakes of U.S. peers. The bank is ready to shine when global markets start to recover. Comment!

• Thursday, October 9, 2008

• 07:41 AM National City is in talks with potential acquirers, WSJ says, naming [[PNC]] and [[BNS]] among the suitors. [[NCC]] is up 20% in premarket trading. Comment!

• Monday, October 6, 2008

• 08:05 AM Scotiabank (BNS) to pay C$2.3B for a 37.6% stake in CI Financial, Canada's number-three mutual fund company. Comment!

• Tuesday, July 15, 2008

• 08:05 AM E*Trade (ETFC) sells E*Trade Canada to Scotiabank (BNS) for $442M in cash. "This transaction generates capital for E*Trade at a very low implied cost." Comment!