Strategic Economic and Financial Overview
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
Ongoing strong results from diversified business platform
Global uncertainty continues to challenge us, but the pipeline
for M&A and advisory fees is reasonably strong
Continued focus on core businesses and products and on
growing the Global Wholesale Banking platform
Global Transaction Banking continues to provide innovative
opportunities for cross-sell, particularly around deposit growth
Loan growth expected to be modest with stable margin
.
PCLs to remain modest
Expense management initiatives continue with objective of
positive operating leverage
ScotiabankView entire presentation