

Scotiabank acquisitions come with risks attached
A C$7 billion ($5.4 billion) buying spree piled new credit, market, and operational risks onto Scotiabank in the three months to end-July, eating into its core capital ratio.
The bank’s purchase of BBVA Chile, Jarislowsky Fraser, and Citibank’s consumer and small business operation in Colombia pushed total risk-weighted assets (RWAs) to C$411.4 billion from C$375.9 billion – 9% – over the quarter, directly leading to a 29 basis points reduction in the Canadian firm’s Common Equity Tier 1 (CET1
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
Investing
The closer quants look, the less diversifying crypto appears
Analysis seems to confirm that the asset class is not an effective diversification play
Receive this by email