Scotiabank Eyes Deals in Mexico

Reuters, Noel Randewich, 12 January 2006Mexico City - Canada's Scotiabank wants to increase its stake in Mexico's banking industry and could acquire a pension fund operator, a credit portfolio or a mortgage finance firm, the financial group said on Thursday.Scotiabank plans to increase its 8 percent stake in Mexico's banking industry either by opening more branches and selling new products, or by