Bank of Nova Scotia's profit drops on higher provisions

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Bank of Nova Scotia's profit drops on higher provisions
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(Reuters) - Bank of Nova Scotia posted a drop in third-quarter adjusted profit on Tuesday as the Canadian bank set aside more funds to cover potential ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Bank of Nova Scotia posted a drop in third-quarter adjusted profit on Tuesday as the Canadian bank set aside more funds to cover potential losses from loan defaults.

Excluding one-off items, Scotiabank's net income came in at C$2.23 billion , or C$1.73 per share for the three months ended July 31, compared with C$2.61 billion, or C$2.10 per share, in the year-ago quarter.

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