Scotiabank

A multinational Canadian bank and provider of financial services, Bank of Nova Scotia is based in Toronto, Ontario. It is one of Canada's Big Five banks and ranks third in terms of deposits and market capitalization in Canada. It provides a variety of goods and services, including personal and business banking, wealth management, and corporate and investment banking, to more than 25 million customers worldwide. According to its 2020 annual report, Scotiabank has over 92,001 employees and $1,136 billion in assets. It trades on the Toronto (TSX: BNS) and New York (NYSE: BNS) exchanges. The institution number is 002, and the Scotiabank quick code is NOSCCATT.

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, especially in Latin America and the Caribbean, as well as 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 licensed institutions that take part in the London gold fix, Scotiabank is a member of the London Bullion Market Association. From 1997 until 2019, this was done through ScotiaMocatta, its branch for precious metals.

The market capitalization of Scotiabank was $59.59 billion as of March 2023. By market cap, this places Scotiabank as the 252nd most valuable firm in the world. The most recent financial reports from Scotiabank show that the company's current revenue (TTM) is $23.68 billion. The company generated $23.97 billion in revenue in 2022, a decline from $24.76 billion in revenue in 2021.

Founded: March 30, 1832
Headquarters: Toronto, Ontario, Canada
Website: scotiabank.com