Scotiabank favours Latin America, Asia over U.S.

by Dave

Bank of Nova Scotia calls itself Canada’s most international bank, and it’s looking to get even more global.

Scotiabank remains on the acquisition prowl, principally in Mexico, the Caribbean and other parts of Latin America. The U.S., where valuations are becoming more attractive, is not a priority though, Sabi Marwah, vice chairman and chief administrative officer, said in an interview Tuesday.