Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Scotiabank CEO Waugh Curbing Optimism on Bank of Guangzhou Deal

Bank of Nova Scotia Chief Executive Officer Richard Waugh said he was too optimistic about the swift completion of a deal to buy a stake in a Chinese lender.

Scotiabank has been awaiting regulatory approval from China on a deal announced in 2011 to buy a 20 percent stake in Bank of Guangzhou Co. for C$719 million ($700 million).

“We were a little too optimistic on that first announcement,” Waugh, 65, said today at the Bloomberg Link conference in Toronto. “I’m not going to make the same mistake twice and be optimistic again. We are still seriously trying to move this along. We’ll have to wait and see what develops.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.