Bank of Nova Scotia is taking a $375-million pre-tax restructuring charge in the second quarter as Canadas third-largest bank continues efforts to digitize processes and enhance productivity.
The great fintech debate: Will regulating upstarts level’ playing field or stifle innovation?
Around the world, established financial players and regulators are grappling with the emergence of technology-based banking products and services. Read on
As customers seek more ways to bank online and through mobile devices, and new fintech rivals enter the market in business lines such as loans and payments, traditional banks are being forced to invest in technology and reorganize their branch networks.
The natural offshoot of those trends is the n…
Read the full article at: http://business.financialpost.com/news/fp-street/bank-of-nova-scotia-takes-375-million-restructuring-charge-as-it-reorganizes-for-digital-age