Scotiabank Plans to Increase Services to Hedge Funds

Bloomberg, Sean B. Pasternak, 12 September 2006Bank of Nova Scotia, Canada's third-biggest lender by assets, wants to increase the services it can offer hedge funds and brokerages, Vice Chairman Sabi Marwah said.There will be "an increased focus on the alternative asset segment" and prime brokerage, said Marwah, 55, speaking today in Toronto at an investor conference sponsored by the bank's