Scotiabank Expands in Guatemala & Dominican Republic

Dow Jones Newswires, Monica Gutschi, 4 February 2008Bank of Nova Scotia hopes to add to its consumer finance portfolio through its purchase of bank assets in Guatemala and the Dominican Republic from Grupo Altas Cumbres of Chile. "One of the things that we have found is that the consumer finance market is a great market in Latin America," said Frank Switzer, a spokesman for Toronto-based Bank of