Scotiabank's quarterly earnings beat market forecasts

Bank of Nova Scotia reported third-quarter earnings on Tuesday that beat analysts' expectations, driven by growth in its domestic and international banking businesses. Canada's third-biggest lender earned C$1.55 per share in the quarter, up from C$1.46 a year earlier. Analysts had on average expected earnings of C$1.48 per share, according to Thomson Reuters I/B/E/S. The bank benefited from a decline in funds set aside to cover bad loans to energy companies, with a partial recovery in the price