Bank of Nova Scotia: Update following ratings affirmation
Our credit view of this issuer reflects its good profitability, constrained by its significant commitment to capital markets activities.Scotiabank is a financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. Through its three operating segments: Canadian Banking, International Banking, and Global Banking and Markets, Co. provides a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. As of Oct 31 2017, Co. had total assets of C$915,273 million and total deposits of C$625,367 million.
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11,000 corporate issuers
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76,000 structured finance obligations
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