James Neate - Bank of Nova Scotia Co-Group Head, Global Banking and Markets
| BNS Stock | CAD 75.94 0.23 0.30% |
Executive
Mr. James Neate is CoGroup Head, Global Banking and Markets of the company. In his current role as CoGroup Head, James has global management responsibility for Investment Banking, Global Business Payments and Corporationrationrate Banking. His focus is on leading strategic direction and alignment, leveraging key growth opportunities and enhancing customer relationships while strengthening risk and governance oversight. He was appointed to this position in December, 2018. Since joining Scotiabank in 1985, James has held a variety of leadership positions in areas including Retail Banking, Commercial Banking, Wealth Management, International Banking and Global Banking and Markets. Most recently, James held the position of Global Head of Corporationrationrate and Investment Banking. James earned a BA in Economics and Political Science at McMaster University and completed the Ivey Executive Program at Ivey Business School at the University of Western Ontario. since 2018.
| Tenure | 6 years |
| Address | 40 Temperance Street, Toronto, ON, Canada, M5H 0B4 |
| Phone | 416 866 6161 |
| Web | https://www.scotiabank.com |
Bank of Nova Scotia Management Efficiency
At this time, Bank of Nova Scotia's Return On Tangible Assets are very stable compared to the past year. As of the 16th of November 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.01. At this time, Bank of Nova Scotia's Fixed Asset Turnover is very stable compared to the past year. As of the 16th of November 2024, Return On Assets is likely to grow to 0.01, while Non Currrent Assets Other are likely to drop (3.3 B). Bank of Nova Scotia's management efficiency ratios could be used to measure how well Bank of Nova Scotia manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0949 | ||||
| Return On Asset | 0.0055 |
Bank of Nova Scotia Leadership Team
Elected by the shareholders, the Bank of Nova Scotia's board of directors comprises two types of representatives: Bank of Nova Scotia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of Nova Scotia's management team and ensure that shareholders' interests are well served. Bank of Nova Scotia's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank of Nova Scotia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brian Porter, President, Chief Executive Officer, Director | ||
| Ignacio Deschamps, Group Head - International Banking and Digital Transformation | ||
| Kevin Teslyk, Executive Vice President - Canadian Business Banking | ||
| Susan Segal, Independent Director | ||
| Michael Zerbs, Executive Vice-President and Co-Head Information Technology, Enterprise Technology | ||
| Francisco Silva, Group Banking | ||
| BA BSc, Group Banking | ||
| Chris Manning, Executive Banking | ||
| Gillian Riley, Executive-Vice-President -Canadian Commercial Banking | ||
| Rania Llewellyn, Executive Vice President - Global Business Payments | ||
| Michelle Khalili, MD Markets | ||
| Barbara Mason, Group Head and Chief Human Resources Officer | ||
| Shawn Rose, Executive Vice President, Chief Digital Officer | ||
| Jake Lawrence, Co-Group Head, Global Banking and Markets | ||
| Maria Theofilaktidis, Executive Vice President, Chief Compliance Officer, Head of Enterprise Risk | ||
| Ashley Veasey, Executive Vice President - & Global Chief Information Officer, Business Technology | ||
| Jenny Poulos, Chief Officer | ||
| BCom AMP, CEO Director | ||
| Michael Henry, Executive Vice-President Retail Payments, Deposits and Unsecured Lending | ||
| Nora Aufreiter, Independent Director | ||
| Rajagopal Viswanathan, Chief Financial Officer, Executive Vice President | ||
| James Neate, Co-Group Head, Global Banking and Markets | ||
| Nicole Frew, Executive Officer | ||
| Philip Smith, VP Relations | ||
| Julie Walsh, Corporate VP | ||
| Dan Rees, Executive Vice President - Operations | ||
| Chadwick Westlake, Executive Vice President and Enterprise Productivity & Canadian Banking Finance | ||
| Aaron Regent, Independent Chairman of the Board | ||
| Tiff Macklem, Independent Director | ||
| Miguel Labarthe, Executive Vice President and Country Head, Scotiabank Peru | ||
| Phil Thomas, Executive Vice President - Customer Insights, Data & Analytics | ||
| Daniel Moore, Executive Vice President Chief Market Risk Officer, Chief Risk Officer | ||
| Ian Arellano, Executive Vice President General Counsel | ||
| L Thomson, Independent Director | ||
| Neal Kerr, Executive Management | ||
| Tracy Bryan, Executive Vice President - Global Operations | ||
| Paul Baroni, Executive Vice President and Chief Auditor | ||
| Alex Besharat, Executive Vice President - Canadian Wealth Management | ||
| John McCartney, Head Relations | ||
| Tom McGuire, Executive Vice President Treasurer | ||
| Meigan Terry, Chief VP | ||
| Michael Penner, Independent Director | ||
| John Doig, Executive Vice President, Retail Distribution | ||
| Guillermo Babatz, Independent Director | ||
| Francisco Taboada, Executive Vice President and Country Head, Scotiabank Chile | ||
| Indira Samarasekera, Independent Director | ||
| Una Power, Independent Director | ||
| Daniel Rees, Group Banking | ||
| Glen Gowland, Executive Vice President - Global Wealth Management | ||
| Charles Dallara, Independent Director | ||
| Scott Thomson, Independent Director | ||
| Benita Warmbold, Independent Director | ||
| Philip BA, Group Officer | ||
| Loretta Marcoccia, Chief Operating Officer, Executive Vice President - Global Banking and Markets | ||
| Scott Bonham, Independent Director | ||
| Adrian Rosiles, Executive Vice President and Country Head, Scotiabank Mexico | ||
| Anya Schnoor, Executive Vice President Retail Payments, Deposits and Unsecured Lending |
Bank Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bank of Nova Scotia a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0949 | ||||
| Return On Asset | 0.0055 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | (53.78 B) | ||||
| Shares Outstanding | 1.24 B | ||||
| Shares Owned By Insiders | 0.03 % | ||||
| Shares Owned By Institutions | 51.54 % | ||||
| Number Of Shares Shorted | 33.73 M | ||||
| Price To Earning | 13.40 X |
Pair Trading with Bank of Nova Scotia
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Nova Scotia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Nova Scotia will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bank of Nova Scotia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Nova Scotia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Nova Scotia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Nova to buy it.
The correlation of Bank of Nova Scotia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Nova Scotia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Nova Scotia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Nova Scotia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.