Tuesday, April 18, 2006

Scotiabank Buys Citigroup's Dominican Republic Unit

Canadian Press, 18 April 2006Bank of Nova Scotia says it has acquired Citibank's retail banking business in the Dominican Republic, including three branches, for an undisclosed price.The deal, announced Tuesday, consolidates Scotiabank's position as the Dominican Republic's fifth-largest private bank by assets, with 57 bank branches, 75 automated banking machines and more than 1,000 employees."As

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