Davivienda, Scotiabank and banking

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 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 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 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 reorganize its Latin American businesses. (Credit: Cole Burston)
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,
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 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, ...
Crain's Cleveland Business2d
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 ...
GBP/USD weighed by rising Gilt yields overnight – Scotiabank
The Pound Sterling (GBP) plunged more than a cent in response to the Trump tariff headlines, leaving it the worst-performing major currency on the session, Scotiabank’s Chief FX Strategist Shaun ...
Palo Alto Networks target adjusted for stock split at Scotiabank
Scotiabank lowered the firm’s price target on Palo Alto Networks (PANW) to $200 from $400 and keeps an Outperform rating on ...
Crain's Cleveland Business5d
KeyCorp expands board of directors following closure of Scotiabank investment
KeyCorp has added two new individuals to its board of directors, according to a recent public filing, in conjunction with the ...
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 ...
bankingdive2d
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 ...