Bank of Nova Scotia (BNS), Canada’s third-
largest bank by assets, agreed to buy a portion of the prime
brokerage of Japan’s Daiwa Securities Group Inc. (8601)
The bank is buying a technology platform and the size of
the transaction is “small”, Diane Flanagan, a spokeswoman at
the Toronto-based company, said today in an e-mail. The Tokyo
Stock Exchange reported the transaction earlier.
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