Scotiabank Mexico Q2 2007 Earnings

Financial Post, Jonathan Ratner, 31 July 2007Solid second quarter results from Bank of Nova Scotia�s Mexican banking business showed net earnings rose 15% on a quarterly basis to $994-million pesos.Blackmont Capital analyst Brad Smith thinks this should more than offset the 5% quarterly gain for the Canadian dollar as reflected in Scotiabank�s third quarter results.He continues to rate BNS a �buy