banco popular question

william webster

Platinum
Jan 16, 2009
30,247
4,329
113
ScotiaBank, here for 90 years..... highest reputation....Canadian, therefore heavily regulated and safe.

My choice........
 

william webster

Platinum
Jan 16, 2009
30,247
4,329
113
Here's a clue on Cdn banks..

When I left Canada in 1995, all 5 banks were having a party b/c they all had made $1B that year... Ok, one made~$950M.
Not many years later, they were all making that $1B / Quarter...

They bought the equivalent of the S&L's, real estate sales companies, wealth management companies.

Noforeign competition allowed, heavily regulated... a benevolent oligopoly.

Not one dime lost in the US mortgage meltdown..... safe as a church.

That's my view....

Some are jumping in to the USA these days.... not Scotia , to my knowledge
 

dropshort

Member
May 18, 2008
281
2
18
The Bank of Nova Scotia opened a branch in Kingston Jamaica years before opening a branch in Toronto.
ScotiaBank is a name used by The Bank of Nova Scotia.