FINWIRES · TerminalLIVE
FINWIRES

Scotiabank Launches "Knowledge Agents" to Help Employees Access Internal Information More Readily

By

Scotiabank (BNS.TO) said Friday that new "knowledge agents" that simplify employee access to internal sources are now available through Scotia Intelligence.

These agents will help employees execute work more efficiently and support them in "higher-judgement" client-facing work, the bank said.

More than 71,000 Scotiabank employees have access to Scotia Intelligence capabilities, generating 14 million actions since it launched in March 2026, a statement said. More than 80% of its global workforce and over 90% of directors and above have completed at least one internal AI training course, it added.

"The next phase of AI is about moving from information access to intelligent action," said Chief Information Officer Tim Clark. "We are simplifying access to information from approved internal sources that allows employees to easily connect information across systems and take action with greater confidence. These capabilities set the foundation for a future where AI will play a more active role in orchestrating workflows, helping our teams work smarter and deliver greater value for clients."

Scotiabank shares were last seen up C$0.20, to C$123.30 on the Toronto Stock Exchange.

Price: $123.39, Change: $+0.29, Percent Change: +0.23%

Related Articles

Mining & Metals

Power of Canada Reports Higher Adjusted Earnings for Second Quarter; Dividend Declared

Power of Canada (POW.TO) after trade Thursday reported second-quarter adjusted earnings of C$1.55 per participating share, up from C$1.38 per participating share a year ago.Analysts polled by FactSet expected C$1.55.Revenue figures were unavailable.Great-West Lifeco (GWO.TO) reported adjusted net earnings of C$871 million, and IGM Financial (IGM.TO) posted adjusted net earnings of C$211 million.The company said its board declared a quarterly dividend of 66.75 cents per share on the participating preferred shares and the subordinate voting shares, payable Oct. 30 to shareholders of record Sept. 29.

$POW.TO
Mining & Metals

ARC Resources Q2 Earnings Miss Estimates Despite Higher Funds From Operations

ARC Resources (ARX.TO) after the market close on Thursday reported second-quarter net income of C$0.62 per share, or C$352.7 million, down from C$0.68, or C$396.1 million, in the prior year period. It missed FactSet estimates of C$0.71 per share.ARC generated funds from operations of C$816.3 million, or C$1.44 per share, compared to C$682.1 million, or C$1.17, in the same period last year. ARC also declared dividends of C$119 million (C$0.21 per share).The company said it delivered second quarter 2026 average production of 390,465 barrels of oil equivalent per day (61 per cent natural gas and 39 per cent crude oil and liquids).The company's shares closed up C$0.44 to C$32.98 on the Toronto stock Exchange.

$ARX.TO
Mining & Metals

Earnings Flash (DPM.TO) DPM Metals Inc. Posts Q2 Adjusted EPS $0.95 per Share, vs. FactSet Est of $0.83

$DPM.TO