Scotiabank upgraded Grupo Mexico (GMBXF) to Sector Perform from Underperform with a price target of MXN 112, up from MXN 87.

As for its international banking segment, Scotiabank said it was focused on improving returns as it prioritises capital consumption, while favouring high-return businesses in Mexico and the Caribbean.

Bank of Nova Scotia is keeping its focus squarely on North America. That’s according to CEO Scott Thomson, who joined BNN ...

A relatively "tepid" market reaction to US-imposed tariffs on Canada, Mexico and China likely reflects what may be viewed as less-aggressive retaliatory measures from the impacted nations, Scotiabank ...

MX stock opened at C$52.64 on Monday. The stock has a market cap of C$2.51 billion, a price-to-earnings ratio of 16.54, a price-to-earnings-growth ratio of 0.44 and a beta of 1.79. The company’s ...

President Donald Trump’s administration has generated significant uncertainty surrounding the fate of US trade with Canada as well as Mexico, where Scotiabank also has a significant operation.

But Scotiabank chief executive Scott Thomson said it was “way too early” to think about pivoting the bank’s strategy. “As part of the strategy rollout, we said Canada first, the U.S. second and Mexico ...