Ignacio Deschamps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

C earnings call for the period ending March 31, 2024.

Bank of Nova Scotia hired Francisco Aristeguieta to run its international operations, one of the first major moves by new Chief Executive Officer Scott Thomson…

Scotiabank saw its earnings climb in its first quarter and beat expectations as it saw gains across its main business lines, including international banking where it is already benefiting from higher interest rates.

IE Staff Scotiabank president and CEO Brian Porter earned $12.2 million in total compensation last year, according to the bank’s proxy circular. In addition to a base salary of $1.3 million, Porter received variable pay comprising $5.1 million in performance share units, $2.1 million in cash and $1.3 million in stock options. Porter’s total direct compensation (fixed plus variable pay) of $9.9 million compared to $10.6 million in 2019. His target for total direct compensation in 2020 was $11.2 million, including $9.9 million in variable compensation. While Porter’s performance was descr...

Staff Scotiabank president and CEO Brian Porter earned $12.2 million in total compensation last year, according to the bank’s proxy circular. In addition to a base salary of $1.3 million, Porter received variable pay comprising $5.1 million in performance share units, $2.1 million in cash and $1.3 million in stock options. Porter’s total direct compensation (fixed plus variable pay) of $9.9 million compared to $10.6 million in 2019. His target for total direct compensation in 2020 was $11.2 million, including $9.9 million in variable compensation. While Porter’s performance was describe...