Friday, November 7, 2008

Scotiabank Unlikely to Buy a US Bank

The Globe and Mail, Tara Perkins & Heather Scoffield, 7 November 2008There is little chance that Bank of Nova Scotia will take the plunge and buy a U.S. bank, its chief executive says. �Especially with what's developed over the last several weeks, it's very unlikely we would have any interest,� CEO Richard Waugh said in an interview Friday.When the value of U.S. financial institutions began to

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