Davivienda, Scotiabank and banking

Scotiabank transfers some Latin American assets to Colombia's Davivienda for 20% stake
Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving Scotiabank a 20% stake in Davivienda. It marks Scotiabank's latest move to refocus on its core markets.
Scotiabank to transfer some Latam banking operations to Davivienda
The Bank of Nova Scotia (NYSE:BNS), known as Scotiabank, agreed on Monday to transfer banking operations of its Colombia, Costa Rica, and Panama businesses to Davivienda in exchange for an ~20% stake in the combined banking operations.
Scotiabank enters agreement to transfer certain banking operations to Davivienda
Scotiabank (BNS) has entered into an agreement with Davivienda to transfer Scotiabank’s banking operations in Colombia, Costa Rica and Panama
Scotiabank selling operations in Colombia, Costa Rica and Panama to Davivienda
The Canadian bank says it will take an after-tax impairment loss of approximately $1.4 billion in the first quarter of 2025 in connection with the deal.
Scotiabank obtains 20% stake in Colombia's Davivienda with operations handover
Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving Scotiabank a 20% stake in Davivienda. The move is part of Scotia's push to slim down operations in non-core markets,
Scotiabank to Take $980 Million Charge on Colombia Unit Deal
Bank of Nova Scotia agreed to transfer its operations in Colombia, Costa Rica and Panama to Banco Davivienda SA of Colombia, ...
HubSpot price target raised to $825 from $700 at Scotiabank
Scotiabank analyst Nick Altmann raised the firm’s price target on HubSpot (HUBS) to $825 from $700 and keeps an Outperform rating on the ...
Scotiabank to sell 'troubled' operations in Colombia, Costa Rica and Panama
Scotiabank is selling its holdings in Colombia, Panama and Costa Rica to Colombian bank Banco Davivienda as it looks to ...
Appian initiated with a Sector Perform at Scotiabank
Scotiabank analyst Nick Altmann initiated coverage of Appian (APPN) with a Sector Perform rating and $37 price target The firm tells investors in a research note that customer feedback has been ...
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KeyCorp awards CEO $7.5 million stock bonus following Scotiabank deal
Five of KeyCorp’s top executives are slated to receive sizable one-time stock bonuses totaling a combined $16.7 million ...
Scotiabank asumirá cargo de US$980M por venta unidad colombiana
Bank of Nova Scotia acordó transferir sus operaciones en Colombia, Costa Rica y Panamá a Banco Davivienda SA de Colombia, y dijo que, como resultado, asumirá un cargo después de impuestos de1.400 ...
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Heavy equipment used to steal ATM from Carbonear Scotiabank
RCMP are investigating another shocking and brazen attempt at a bank in Carbonear using heavy equipment. The Scotiabank on ...
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KeyBank grants top execs $16.7M in equity awards after Scotia deal
CEO Chris Gorman could receive up to $11.35 million if the bank over-performs on targets for capital requirements, CET1 and ...