Scotiabank let go of 3,000 people late last year, CEO says [Yahoo! Finance Canada]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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US:NYSE Investor Relations:
seekingalpha.com/article/4128193-bank-nova-scotias-bns-ceo-brian-porter-q4-2017-results-earnings-call-transcript
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Source: Yahoo! Finance Canada
Thomson said the layoffs In December, the bank said during its quarterly results that it recorded a “restructuring charge and severance provisions” as well as other related charges worth $373 million primarily due to workforce reductions across its global operations. “While these types of decisions are always difficult, they are nevertheless necessary as we work to boost the value of the Canadian bank,” Thomson said in December. “We do not anticipate additional charges, but will remain focused on running our bank as efficiently as possible, including taking full advantage of emerging technologies. Prior to the quarterly results, at least five Scotiabank employees, who spoke on the condition of remaining anonymous, said there were layoffs in October. Despite the restructuring charge, Scotiabank beat analysts' expectations in the last quarter, which ended on Oct. 31, 2025, as it posted higher profits in its global banking and markets segment. • Email: nkarim@postmedia.com
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BNS
Earnings
- 12/2/25 - Beat
BNS
Sec Filings
- 1/12/26 - Form ABS-15G
- 1/12/26 - Form 424B2
- 1/12/26 - Form 424B3
- BNS's page on the SEC website