Deals
Scotiabank Has `No Desire' to Return to Argentina, CEO Says
- Canadian bank is considering more `tuck-in' acquisitions
- Porter says he's fine with the size of bank's Brazil business
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Bank of Nova Scotia would consider acquisitions to further expand operations in Latin America, Chief Executive Officer Brian Porter said. Just don’t expect anything in Brazil or Argentina.
“We’ve got a small business in Brazil and we’re fine with that, thank you," Porter said Tuesday in an interview on Bloomberg TV Canada. “And Argentina, we have no desire to go back."