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Slide #18. Scotiabank — Aurion Capital
Scotiabank today announced the expansion of its institutional asset management business, acquiring the remaining 40% of Aurion Capital Management shares that were owned by Aurion Capital employees. The transaction is subject to regulatory approvals. Terms are not material to Scotiabank and were not disclosed.
The Bank of Nova Scotia is a financial services provider providing a range of products and services, including personal, commercial, corporate and investment banking. Co. has four operating segments: Canadian Banking, which provides a suite of financial advice and banking solutions to Retail, Small Business and Commercial Banking customers; International Banking, which is a franchise with Retail, Corporate and Commercial customers; Global Wealth Management, which is focused on delivering wealth management advice and solutions; and Global Banking and Markets, which provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.
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Buy (2.87 out of 4)