Scotiabank Struggles to Gain Share in Wealth Management

Dow Jones Newswires, Monica Gutschi, 13 November 2008When it comes to wealth management, Bank of Nova Scotia is the banking equivalent of the 90-pound weakling who sends away for the Charles Atlas body-building kit and quickly bulks up.Scotiabank has developed some wealth-management muscles in the past two years: it purchased substantial stakes in money managers CI Financial Income Fund and