Global Wealth Management: 2012 Outlook

30 Strategy in action Appendix Core Banking Margin (ex Trading) 2.21% 2.09% 2.09% 2.07% . 2.03% Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Scotiabank Q1 Margin impacted by Higher volumes of low spread deposits with banks • Wider spreads in International Banking (1) Represents Net Interest Income (TEB) as % of Average Total Assets excluding Average Total Assets relating to Scotiabank Global Banking and Markets Global Capital Markets business, consistent with the reclassification of net interest from trading operations to income from trading operations. Scotiabank

View entire presentation