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During the 1960s, the Bank of Nova Scotia became the first Canadian bank to appoint women as bank managers, with the first appointed on September 11, 1961. [10] In the next year, the bank expanded into Asia with the opening of a Representative Office in Japan. [11] In 1975, the Bank of Nova Scotia adopted Scotiabank as its
The Nedcor Group was renamed the Nedbank Group on 6 May 2005. In August 2009, Nedbank acquired the 49.9% of Imperial Bank South Africa that it did not own, so Imperial Bank South Africa is wholly owned by Nedbank. [8] In October 2014, Nedbank acquired a 20% stake in Ecobank, converting its $285 million claim in Ecobank into equity. [9] [10]
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Thomson was elected a director of the Bank of Nova Scotia on 12 April 2016. On 26 September 2022, the bank announced that Thomson would succeed Brian J. Porter as president. Thomson left Finning on 15 November, and began as president of the bank on 1 December. On 1 February 2023, Thomson assumed the additional role of chief executive officer. [5]
Founded as the Union Bank, the name changed to the Union Bank of Montreal about 1841. Closed. [171] Union Bank of Newfoundland 1854 1894 Failed. [172] Union Bank of Prince Edward Island 1860 1883 Merged into the Bank of Nova Scotia. [173] United Empire Bank of Canada: 1906 1911 Founded as the Pacific Bank of Canada before renaming in 1906.
The Bank of New Brunswick, established in 1820, was the first Canadian bank to operate under a charter. The bank operated independently in New Brunswick and later in Prince Edward Island until it merged with the Bank of Nova Scotia (now Scotiabank ) in 1913.
John Philip Webster is a Canadian bank executive with The Bank of Nova Scotia (Scotiabank), serving as President & CEO of the Scotia Mortgage Authority. He formerly served as the President & CEO of Maple Trust, who were acquired by Scotiabank in 2006.
The Bank of Nova Scotia was founded in Halifax in 1832. In 1897, the bank set up its first Toronto office in the basement of the Canada Life Building at 42 King Street West. In March 1900, it transferred its executives to the Toronto office. [1]