Scotiabank
The Bank of Nova Scotia, doing business as Scotiabank, is a multinational Canadian banking and financial services corporation headquartered in Toronto, Ontario. It is the third-largest Canadian bank by deposits and market capitalization, and one of Canada's Big Five banks. It has over 25 million customers worldwide and provides a variety of products and services such as personal and commercial banking, wealth management, corporate and investment banking. Scotiabank trades on the Toronto (TSX: BNS) and New York (NYSE: BNS) exchanges, with over 92,001 employees and assets of Can$1,136 billion (as of the 2020 annual report). The Swift code for Scotiabank is NOSCCATT, and the institution number is 002.
In 1832, Scotiabank was established in Halifax, Nova Scotia, and remained there until 1900, when it moved its headquarters to Toronto. Due to its acquisitions, which have primarily been in Latin America and the Caribbean but also in Europe and some regions of Asia, Scotiabank has branded itself as "Canada's most international bank." In addition to being one of the fifteen accredited institutions that take part in the London gold fixing, Scotiabank is a member of the London Bullion Market Association. This was done through ScotiaMocatta, its division for precious metals, from 1997 to 2019.
Current President and CEO of Scotiabank Brian J. Porter announced his retirement, which will take effect on January 31, 2023. Scott Thompson was named as Porter's successor.
Founded: 1832
Headquarters: Toronto, Canada
Website: https://scotiabank.com