TORONTO, Jan. 21, 2025 /CNW/ - Scotia Global Asset Management announced today the January 2025 cash distributions for the Scotia ETFs listed on the Cboe Canada exchange, which pay on a monthly basis. Unitholders of record on January 28, 2025 will receive a cash distribution payable on February 4, 2025, as noted below.

Scotia ETF name

Ticker symbol 

Cash distribution per unit ($)

Distribution frequency

Scotia Canadian Bond Index Tracker ETF

SITB

0.047

Monthly

Scotia Responsible Investing Canadian Bond Index ETF

SRIB

0.023

Monthly

TORONTO, Dec. 30, 2024 /CNW/ - Scotia Global Asset Management today announced the final year-end cash distributions for the Scotia ETFs listed on Cboe Canada for the 2024 tax year. Unitholders of record on December 30, 2024 will receive cash distributions for the respective Scotia ETFs on January 7, 2025.

The actual taxable amounts of cash distributions for 2024, including the tax characteristics of the distributions, will be reported to CDS Clearing and Depository Services Inc. in early 2025. Shareholders can contact their brokerage firm for this information.

TORONTO, Dec. 30, 2024 /CNW/ - Scotia Global Asset Management today announced the final year-end reinvested distributions for the Scotia ETFs listed on Cboe Canada for the 2024 tax year.  Unitholders of record on December 30, 2024 will receive the reinvested distributions for the respective Scotia ETFs on January 7, 2025.

These are final year-end distributions which will be reinvested in additional units of the respective Scotia ETFs and do not include any cash distribution amounts for December. The additional units will be immediately consolidated so that the number of units outstanding following the distribution will equal the number of units outstanding prior to the distribution.

TORONTO, Dec. 30, 2024 /CNW/ - Scotiabank's President and Chief Executive Officer Scott Thomson will participate in the RBC Capital Markets 2025 Canadian Bank CEO Conference on January 7, 2025. Mr. Thomson is scheduled to participate from approximately 1:20 – 1:55PM ET.

Interested parties may listen to Mr. Thomson's session live on Scotiabank's Investor Relations page at www.scotiabank.com/investorrelations. An archived version of the webcast will be available after the conference.

TORONTO, Dec. 27, 2024 /CNW/ - Scotiabank announced today that following regulatory approval from the Board of Governors of the Federal Reserve System, it has completed its acquisition of an additional approximately 10% pro-forma ownership stake in KeyCorp through newly issued common shares at US$17.17 per share, for a cash consideration of approximately US$2.0 billion.

Scotiabank announced on August 12, 2024, that it had entered into an agreement to acquire an approximately 14.9% pro-forma ownership stake in KeyCorp for total consideration of approximately US$2.8 billion. Scotiabank previously closed the initial investment of approximately 4.9% on August 30, 2024, and has now completed both stages of the investment.

CLEVELAND, Dec. 27, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced that The Bank of Nova Scotia ("Scotiabank") has completed its purchase of KeyCorp's common stock with an investment of approximately $2.0 billion, as expected.  With this investment, Scotiabank (TSX: BNS) (NYSE: BNS) now owns approximately 14.9% of KeyCorp's common stock. The parties received Federal Reserve approval for the transaction on December 12, 2024.

This purchase completes Scotiabank's strategic minority investment in KeyCorp pursuant to the agreement announced on August 12, 2024.

TORONTO, Dec. 23, 2024 /CNW/ - Scotiabank announced today it secured the top S&P Global ESG Score amongst banks in North America on S&P's 2024 Corporate Sustainability Assessment (CSA). The Bank also maintained its seven-year track record of inclusion in the Dow Jones Sustainability Index (DJSI) North America.

Inclusion in the DJSI reflects a global benchmark assessing sustainable business practices that are deemed relevant to generating long-term shareholder value and integrating sustainability considerations into portfolios. The Bank scored 73/100, placing in the top six percent of banks worldwide (as assessed in the 2024 CSA as of December 16, 2024) and is a S&P Global Sustainability Yearbook member.

TORONTO, Dec. 19, 2024 /CNW/ - Scotia Global Asset Management today announced the estimated year-end cash distributions for the Scotia ETFs listed on the Cboe Canada Exchange for the 2024 tax year. Please note that these are estimated amounts only and have been calculated based upon information as of December 13, 2024. The final cash distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors.

TORONTO, Dec. 19, 2024 /CNW/ - Scotia Global Asset Management today announced the estimated year-end reinvested distributions for the Scotia ETFs listed on the Cboe Canda Exchange for the 2024 tax year. Please note that these are estimated amounts only and have been calculated based upon information as of December 13, 2024.  The final distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors.

TORONTO, Dec. 19, 2024 /CNW/ - Scotia Global Asset Management today announced the estimated year-end cash distributions for the Scotia ETFs listed on the Cboe Canada Exchange for the 2024 tax year. Please note that these are estimated amounts only and have been calculated based upon information as of December 15, 2024. The final cash distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors.

TORONTO, Dec. 19, 2024 /CNW/ - Scotia Global Asset Management today announced the estimated year-end reinvested distributions for the Scotia ETFs listed on the Cboe Canda Exchange for the 2024 tax year. Please note that these are estimated amounts only and have been calculated based upon information as of December 15, 2024. The final distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors.

CLEVELAND, Dec. 13, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that all required regulatory approvals have been received for completion of The Bank of Nova Scotia's ("Scotiabank") strategic minority investment in Key as announced on August 12, 2024.  

The Board of Governors of the Federal Reserve System (the "Federal Reserve") approved the approximately 10% remaining investment by Scotiabank, which is expected to close in 2024.  The initial investment of 4.9% was completed on August 30, 2024.

TORONTO, Dec. 13, 2024 /CNW/ - Scotiabank announced today that it has received regulatory approval from the Board of Governors of the Federal Reserve System for its approximately 10% additional investment (the "Additional Investment") in KeyCorp. Scotiabank and KeyCorp expect to close the Additional Investment in 2024.

Scotiabank previously announced on August 12, 2024 that it had entered into an agreement to acquire an approximate 14.9% pro-forma ownership stake in KeyCorp in two stages - an initial investment of 4.9% (the "Initial Investment") and the Additional Investment of approximately 10%. The Initial Investment was completed on August 30, 2024.

TORONTO, Dec. 11, 2024 /CNW/ - Scotiabank announced today that it is decreasing its Canadian dollar prime lending rate to 5.45 per cent from 5.95 per cent, effective December 12, 2024.

About Scotiabank Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.4 trillion (as at October 31, 2024), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on X @Scotiabank.

TORONTO, Dec. 9, 2024 /CNW/ - Scotiabank has been named Bank of the Year in Canada by The Banker, a Financial Times publication. The Bank of the Year awards are regarded as the industry standard for banking excellence across more than 120 countries and recognize financial institutions for their performance and strategic and technological advancements that support their clients.

"This was a milestone year for Scotiabank as we introduced a new enterprise strategy and made important progress against our key priorities, including growing deposits, strengthening our balance sheet, and building deeper, more meaningful primary relationships with our clients," said Scott Thomson, President and CEO, Scotiabank. "This award reflects the hard work and dedication of our team, our momentum to date, and all that we are achieving together."

TORONTO, Dec. 3, 2024 /CNW/ - Scotiabank today announced a dividend on the outstanding shares of the Bank, payable January 29, 2025, to shareholders of record at the close of business on January 7, 2025:

Common Shares

Holders may elect to receive their dividends in common shares of the Bank in lieu of cash dividends, in accordance with the Bank's Shareholder Dividend and Share Purchase Plan (the "Plan"). Under the Plan, the Bank determines whether the additional common shares will be purchased on the open market or issued by the Bank from treasury.

Scotiabank's 2024 audited annual consolidated financial statements and accompanying Management's Discussion & Analysis (MD&A) are available at www.scotiabank.com along with the supplementary financial information and regulatory capital disclosure reports, which include fourth quarter financial information. All amounts are in Canadian dollars and are based on our audited annual consolidated financial statements and accompanying MD&A for the year ended October 31, 2024 and related notes prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), unless otherwise noted.

Additional information related to the Bank, including the Bank's Annual Information Form, can be found on the SEDAR+ website at www.sedarplus.ca and on the EDGAR section of the SEC's website at www.sec.gov.

TORONTO, Nov. 28, 2024 /CNW/ - Scotia Global Asset Management today announced the reduction of the annual fixed administration fee (FAF) on several ScotiaFunds. The changes will be implemented on or about December 6, 2024.  There will be no change to the investment objectives of the funds resulting from these fee reductions.

The funds with FAF adjustments are as follows:

Fund

Series

New FAF

Current FAF

Scotia Canadian Small Cap Fund

A, F

0.25 %

0.26 %

Scotia Global Bond Fund

A, F

0.15 %

0.30 %

Scotia Global Dividend Class

A, F

0.25 %

0.30 %

Scotia Global Equity Fund

A, F

0.25 %

0.35 %

Scotia Low Carbon Global Equity Fund

A, F

0.25 %

0.35 %

Scotia U.S. Opportunities Fund

A, F

0.25 %

0.35 %

TORONTO, Nov. 1, 2024 /CNW/ - Scotiabank will announce its fourth quarter results on Tuesday, December 3, 2024.

Scotiabank Results News Release

Financial results will be issued in a press release at approximately 6:00 a.m. ET on Tuesday, December 3, 2024. The results will be available on Scotiabank's Investor Relations page at www.scotiabank.com/investorrelations.

Scotiabank Results Conference Call