Scotiabank Seeks Minority Stake in Bank of Dalian

Bloomberg, Adam Satariano and Cathy Chan, 19 March 2007Bank of Nova Scotia, Canada's third-biggest bank, said it's seeking to acquire up to 20 percent of the Bank of Dalian Co. in China to tap growth in the world's fourth-largest economy.Scotiabank signed a memorandum with China's seventh-largest city commercial bank about the investment, the Toronto-based company said in a statement. Dalian has