Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Scotia to rid itself of DB&G remnants
Scotia DBG CEO, Anya Schnoor
Business
February 8, 2011

Scotia to rid itself of DB&G remnants

SCOTIA DBG Invesments Limited plans to altogether drop the remnants of the name — Dehring, Bunting and Golding — it held before being bought out by Scotiabank in 2006.

At the upcoming annual general meeting — yet to be scheduled — shareholders are expected to vote on resolution six which asks “that the name of the company be changed from Scotia DBG Investments Limited to Scotia Investments Jamaica Limited.”

The renaming would return Scotia’ wealth management business’ name after Bank of Nova Scotia Jamaica transferred it to Dehring, Bunting & Golding as part of management’s efforts to consolidate operations in that segment of the business and enhance efÞciency and proÞtability in July 2007.

What’s more, a major technology infrastructure upgrade project, which commences this year, couples the latest move to add to a growing list of reorganisational changes that have taken place since the buyout.

Scotia DBG closed two branches — May Pen and Ocho Rios — last February and reorganised its Savanna-la-Mar branch as a sub-branch of our Mandeville office, as part of its efficiency drive.

Then in May, Scotia DBG sold its merchant bank operations to BNSJ for $879 million, which was said would improve efficiencies across Scotia Group “through the removal of duplicate products and services”.

On the upgrade project, Scotia DBG CEO Anya Schnoor said in her report to shareholders accompanying the 2010 annual report: “During 2011, we will also begin an important project to upgrade our key information technology infrastructure. This project, which is expected to last 24 months will allow (Scotia DBG) to deliver an enhanced client experience while achieving greater operational efficiencies.”

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

UPDATE: Ukrainian aircraft given green light to leave Trinidad and Tobago
Latest News, Regional
UPDATE: Ukrainian aircraft given green light to leave Trinidad and Tobago
May 15, 2026
PORT OF SPAIN, Trinidad (CMC) — The Airports Authority of Trinidad and Tobago  (AATT) Friday night said that a Ukrainian aircraft impounded at the Pia...
{"jamaica-observer":"Jamaica Observer"}
Holness departs Jamaica for official engagement in Turks and Caicos Islands
Latest News, News
Holness departs Jamaica for official engagement in Turks and Caicos Islands
May 15, 2026
KINGSTON, Jamaica — Prime Minister Dr Andrew Holness departed the island on Friday for the Turks and Caicos Islands (TCI) where he is scheduled to par...
{"jamaica-observer":"Jamaica Observer"}
NCB Foundation makes $525,000 vision kit donation for child’s month
Latest News, News
NCB Foundation makes $525,000 vision kit donation for child’s month
May 15, 2026
KINGSTON, Jamaica – The NCB has donated $525,000 in vision kits for children through the Jamaica Society for the Blind (JSB) as the country marks Chil...
{"jamaica-observer":"Jamaica Observer"}
Cuba power grid back online after huge blackout
Latest News, Regional
Cuba power grid back online after huge blackout
May 15, 2026
HAVANA, Cuba (AFP) — Power was restored across Cuba on Friday following a large-scale blackout, but the island's energy crisis remained acute, with oi...
{"jamaica-observer":"Jamaica Observer"}
Inflation slips in April as electricity costs ease
Business, Latest News
Inflation slips in April as electricity costs ease
BY DASHAN HENDRICKS Business content manager hendricksd@jamaicaobsever.com 
May 15, 2026
Falling electricity rates pushed Jamaica’s inflation rate back into negative territory in April, offering consumers some relief from rising food and f...
{"jamaica-observer":"Jamaica Observer"}
Audio guidance now live at Scotia ATMs
Latest News, News
Audio guidance now live at Scotia ATMs
May 15, 2026
KINGSTON, Jamaica — Scotiabank Jamaica launched audio guidance at some of its automated teller machines (ATM) across the island, the bank said Friday....
{"jamaica-observer":"Jamaica Observer"}
Forex: $159.02 to one US dollar
Latest News, News
Forex: $159.02 to one US dollar
May 15, 2026
KINGSTON, Jamaica — The United States (US) dollar on Friday, May 14, ended trading at $159.02, down 17 cents, according to the Bank of Jamaica’s daily...
{"jamaica-observer":"Jamaica Observer"}
J’can sentenced to three years in US prison for US$600,000 lottery scam
Latest News, News
J’can sentenced to three years in US prison for US$600,000 lottery scam
May 15, 2026
TACOMA, United States – A Jamaican man who was extradited to the United States (US) on lottery scam charges in 2025 was sentenced to three years in pr...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct