CEO Scott Thomson argued that the bank's high loan-to-deposi...
CEO Scott Thomson argued that the bank's high loan-to-deposit ratio, the highest among its peers, results in more volatile margins and earnings. This announcement is seen as a plan to stimulate growth after the bank reported poor fiscal 2023 results.
Scotiabank Unveils Strategic Revamp, Sees Double-digit Growth in Canada
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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