Scotiabank
Coverage of Scotiabank in the Nexus archive.
- (CANADA) Scam phonecall had a concerning amount of information about me
A user received a scam call from someone claiming to be Scotiabank's fraud protection services. The caller had access to the user's full name, city, and a near-correct version of their mother's maiden name, which raised suspicion. The scammer abruptly ended the call after being corrected about the incorrect name.
- Vibra and Ultrapar Win Upgrades as Canada’s CPPIB Exits
Morgan Stanley upgraded Vibra to 'Buy' due to Brazil's crackdown on fuel-market irregularities, enhancing sector attractiveness. Scotiabank raised Ultrapar to 'Outperform' with a R$22 target, citing improved competitive conditions. Canada’s CPPIB fully exited its position.
- Banks are financing the fossil fuel industry’s next growth strategy
Major banks are increasing financing for fossil fuel expansion and petrochemical projects, abandoning climate commitments. Reports show $508 billion in 2025 for fossil fuel development and $252 billion for petrochemical activities since 2019, enabling the industry’s shift to plastics and fertilizers.
- Capstone Is Said to Tap Scotiabank to Divest Mexican Copper Mine
Capstone is reportedly engaging Scotiabank to divest its Mexican copper mine. Canada's finance minister announced a $10 cap on NSF fees, projected to save Canadians over $600 million annually.
- Top Canadian Grocers Downgraded as Scotiabank Flags Increased Competition
Scotiabank has downgraded top Canadian grocers due to increased competition. The move reflects concerns about market dynamics affecting the retail sector. The article mentions a shopper in Vancouver, highlighting the retail environment.