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Stock impact report

The World's Oldest Gold Trader Is Closing [zero hedge]

Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS) 
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am Check Earnings Report
Company Research Source: zero hedge
The World's Oldest Gold Trader Is Closing It all started in late 2017, when we reported that JPM was quietly trying to sell the world's oldest gold trader after a massive money laundering scandal terminally crippled the reputation of one of the most iconic names in the business, resulting in Canada’s Bank of Nova Scotia exploring options for its gold business ScotiaMocatta . As reported at the time, Scotiabank made the decision to sell ScotiaMocatta following a massive money laundering scandal centered on a US refinery that involved smuggled gold from South America, a fascinating story which we profiled here several years back. For those unfamiliar, the ScotiaMocatta business better known as the world's oldest gold trader and a mainstay in PM trading since its founding in 1684 as Mocatta Bullion, was a precious metal and base metal trading company that operated as the metals trading division of the Bank of Nova Scotia. A few months later in February 2018, we reported that JPMorgan's a Show less Read more
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