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BNS Bank of Nova Scotia News Story

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Canada's Scotiabank fourth-quarter profit rises on higher interest income

Dec 2 (Reuters) - Canadian lender Bank of Nova Scotia BNS.TO reported a rise in fourth-quarter profit on Tuesday, helped by higher interest income and reflecting continued resilience despite lingering macroeconomic uncertainty from stalled trade talks with the United States.

On an adjusted basis, it reported a profit of C$2.56 billion or C$1.93 per share, for the quarter ended October 31, compared with C$2.12 billion, or C$1.57 per share, a year earlier.

 (Reporting by Ateev Bhandari in Bengaluru; Editing by Tasim Zahid)

 ((Ateev.Bhandari@thomsonreuters.com;))

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