CHARLOTTE AMALIE — One of the two shooters in the attempted holdup of security guards trying to pick up nearly one million dollars in cash at a bank in St. Thomas has pled guilty to assault-attempted robbery charges, authorities said. Melik Petersen, 28, of Anna’s Retreat, pleaded guilty to first-degree assault with the intent to […]
Tag: Bank of Nova Scotia
OFG Bancorp To Buy Scotiabank’s Operations in the U.S. Virgin Islands and Puerto Rico
TORONTO — The Bank of Nova Scotia is unloading its operations in the U.S. Virgin Islands and Puerto Rico at a loss as the bank continues to shrink its sprawling global footprint. OFG Bancorp says it is acquiring the Toronto-based bank’s Puerto Rico operation for $550 million in cash, and Scotiabank’s U.S. Virgin Islands branch […]
Bank Of Nova Scotia’s Sell-Off Of $123 Million In Caribbean Assets Faces Increased Scrutiny
TORONTO — Bank of Nova Scotia’s plan to sell some of its Caribbean assets is facing scrutiny from a regional watchdog that has flagged what it says are the deal’s “anti-competitive effects.” Scotiabank announced late last November that it had struck a deal to sell banking operations in nine “non-core” Caribbean markets to Trinidad and […]
Scotiabank To Exit Nine ‘Smaller’ Caribbean Countries In Major Shake-Up
TORONTO — Bank of Nova Scotia said today that it has struck a deal to sell banking businesses in nine of the smaller countries in the Caribbean as the lender continues to narrow down the number of international markets in which it operates. Affected countries are: Anguilla, Antigua, Dominica, Grenada, Guyana, St. Lucia, Sint Maarten, St. […]