Davivienda, Scotiabank and Colombia

Scotiabank to transfer some Latam banking operations to Davivienda
The Bank of Nova Scotia (NYSE:BNS), known as Scotiabank, agreed on Monday to transfer banking operations of its Colombia, Costa Rica, and Panama businesses to Davivienda in exchange for an ~20% stake in the combined banking operations.
Scotiabank transfers some Latin American assets to Colombia's Davivienda for 20% stake
Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving Scotiabank a 20% stake in Davivienda. It marks Scotiabank's latest move to refocus on its core markets.
Scotiabank To Transfer Banking Operations In Colombia, Costa Rica, Panama To Davivienda
Monday announced the decision to transfer its banking operations in Colombia, Costa Rica and Panama to Latin America-based Davivienda. In exchange for the transfer, the bank will receive a combination of newly issued common and preferred shares,
Scotiabank to sell 'troubled' operations in Colombia, Costa Rica and Panama
The Bank of Nova Scotia has signed an agreement to sell its operations in Colombia, Costa Rica and Panama as it looks to boost efficiencies and reorganize its Latin American businesses. The foreign operations will be transferred to Banco Davivienda SA,
Scotiabank obtains 20% stake in Colombia's Davivienda with operations handover
Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving Scotiabank a 20% stake in Davivienda. The move is part of Scotia's push to slim down operations in non-core markets,
Scotiabank upgrades Extra Space to Sector Perform on valuation
Scotiabank last night upgraded Extra Space Storage (EXR) to Sector Perform from Underperform with an unchanged price target of $167. The ...
Scotiabank to Take $980 Million Charge on Colombia Unit Deal
Bank of Nova Scotia agreed to transfer its operations in Colombia, Costa Rica and Panama to Banco Davivienda SA of Colombia, ...
EUR/USD: Markets are reluctant perhaps to push FX too hard – Scotiabank
The Euro (EUR) has settled into a tight trading range around the 1.03 point through the latter part of this week, Scotiabank’s Chief FX Strategist Shaun Osborne notes. “Markets are reluctant perhaps ...
Williams resumed with a Sector Perform at Scotiabank
Scotiabank analyst Brandon Bingham resumed coverage of Williams (WMB) with a Sector Perform rating and $51 price target U.S. energy ...
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KeyCorp expands board of directors following closure of Scotiabank investment
KeyCorp has added two new individuals to its board of directors, according to a recent public filing, in conjunction with the ...
Scotiabank asumirá cargo de US$980M por venta unidad colombiana
Bank of Nova Scotia acordó transferir sus operaciones en Colombia, Costa Rica y Panamá a Banco Davivienda SA de Colombia, y dijo que, como resultado, asumirá un cargo después de impuestos de1.400 ...
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KeyBank grants top execs $16.7M in equity awards after Scotia deal
CEO Chris Gorman could receive up to $11.35 million if the bank over-performs on targets for capital requirements, CET1 and ...
Police say stolen excavators used to destroy bank in Carbonear robbery
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...