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Old 08-29-2012, 02:56 PM   #1
albertGQ
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Join Date: Jan 2004
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Default Scotiabank buys ING Bank of Canada assets for C$3.1B

Some pretty big news in the banking world.

http://www.theglobeandmail.com/repor...40/?cmpid=rss1

Quote:
Bank of Nova Scotia has agreed to buy ING Bank of Canada, the country’s eighth-largest bank, from its Dutch parent for $3.1-billion.
Scotiabank said it plans to keep the ING Direct brand.
Scotiabank said it will preserve the ING platform, which has eschewed branches and focused on Internet and telephone banking.
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