Global Wealth Management: 2012 Outlook

28 Strategy in action Global Banking & Markets 2012 Outlook Mike Durland Group Head, Global Capital Markets & Co-CEO, Global Banking & Markets Scotiabank • . . • • Global Banking & Markets: 2012 Outlook Positive start to the year as market sentiment has improved Market challenges arising from European uncertainty are expected to create headwinds, but diversification of businesses is mitigating negative impact Implementation of significant new initiatives is substantially complete. Focus is now to grow core businesses and products Loan volumes should continue to rise Loan loss provisions expected to remain low Expense management initiatives are underway with an objective to maintain positive operating leverage Scotiabank

View entire presentation