Scotiabank leaves nine countries in the Caribbean border


TORONTO – The New Zealand Bank said Tuesday was the fourth percentage of jobs that was slightly lower than expected and said he had expected to leave nine countries in the Caribbean as part of a decline in the # 39 ; that business.

The bank, who has been working in the Caribbean since 1889, said that he would give his business in the area a reflection by doing so; sold her insurance works in Jamaica and Trinidad & Tobago to Sagicor Financial Corporation, with whom he is involved in selling sewage products in these countries.

Scotiabank said he expected to sell his banking operations in Anguilla, Antigua, Dominica, Grenada, Guyana, St Kitts & Nevis, St Lucia, St Maarten, St. Vincent and the Grants to Republican Finance Supports.

Scotiabank does not belong to the business, but he says that, as a result, Its primary level 1 share, a fundamental measure of its financial strength, will increase by 10 points when the matters, which are subject to regulatory agreements, are closed.

The bank reported on the enhanced wages of each section of $ 1.77 in the quarter ending in October 31, up 8 per cent but slightly lower than the normal repayment with an analysis of $ 1.79 per department, according to IBES data from Refinitiv.

In addition to one-time costs, net income rises from 13 per cent to $ 2.35 billion, compared to the average estimate with $ 2.24 billion surveys, according to IBES data.

For a full year, Scotiabank reported a 7 per cent increase in employment at the Canadian business to $ 4.4 billion, helped with enhanced margins as it was Benefiting from Five Increase Increase the Canadian Bank from Summer and Growth in Customer Investments.

International wages expanded by 18 per cent international year, led by growth in the trade union of the Pacific Pacific; including Peru, Mexico, Chile and Columbia and accounted for about a quarter of its finances.
Scotiabank is the largest largest bank in Canada to account for the fourth quarter earnings. The Royal Bank of Scotland Report and Toronto-Dominion Bank later this week.

© Thomson Reuters 2018

Source link