Scotiabank CEO Says Co Not Anticipating Any Recessionary Conditions In Any Key Operating Geographies In Foreseeable Future
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Aug 27 (Reuters) - Bank of Nova Scotia (BNS.TO) :SCOTIABANK CEO - WE ARE NOT ANTICIPATING ANY RECESSIONARY CONDITIONS IN ANY OF OUR KEY OPERATING GEOGRAPHIES IN FORESEEABLE FUTURE - CONF CALLSCOTIABANK EXEC - SHAREHOLDERS NEED NOT BE CONCERNED ABOUT BANK HOLDING EXCESS CAPITAL AS “WE CONTINUE TO EXECUTE ON OUR NORTH AMERICAN CORRIDOR STRATEGY” SCOTIABANK EXEC - SHOULD START SEEING NII AND NIM BENEFITS MODESTLY IN Q4 AND THEN SEE IT ACCELERATE THROUGH 2025 Further company coverage: (BNS.TO)(Reuters.Briefs@thomsonreuters.com)
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