Our diversification strategy underpins our potential for sustainable earnings growth in each of our four business lines Canadian Banking, Global Wealth Management, International Banking and Global Banking and Markets, over the long term.
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of over 90,000 employees and assets of approximately $1.4 trillion (as at July 31, 2023), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @Scotiabank.
We are serving customers and driving growth through our commitment to three pillars:
By putting our customers first, we’re helping them be better off today and tomorrow.
A purpose-driven team, committed to results in an inclusive and high-performance culture.
Lead in the Americas
Focused on six core markets and supported by leading expertise allows us to prioritize our investment for long-term growth.
Our values: Respect, Integrity, Accountability and Passion
Canadian Banking provides a full suite of financial advice and banking solutions, supported by an excellent customer experience, to millions of Retail, Small Business and Commercial Banking customers. It serves these customers through its branch network and automated banking machines (ABMs), as well as online, mobile and telephone banking, and specialized sales teams. Canadian Banking also provides an alternative self-directed banking solution to millions of Tangerine Bank customers. Canadian Banking is comprised of the following areas:
Retail Banking provides financial advice and solutions along with day-to-day banking products, including debit cards, chequing accounts, credit cards, investments, mortgages, personal loans and related creditor insurance products to retail customers, including automotive dealers and their customers, providing retail automotive financing solutions. Tangerine Bank provides day-to-day banking products, including chequing and saving accounts, credit cards, mortgages, loans and investments to self-directed customers.
Business Banking delivers advice and a full suite of lending, deposit, cash management and trade finance solutions to small, medium, and large businesses, including the Roynat franchise which provides clients innovative financing alternatives through both public and private markets.
Global Wealth Management
Global Wealth Management delivers comprehensive wealth management solutions with a view to achieving strong long-term investment results through a personalized approach to enrich the lives of our clients.
Global Wealth Management’s solutions and services are available across 13 countries worldwide. A full range of wealth management advice and solutions are available to help address clients’ financial needs – no matter how complex or simple. This advice is paired with industry-leading investment expertise that delivers risk-adjusted, long-term results to investors.
International Banking has a well-established, diversified franchise that serves Retail, Corporate, and Commercial customers across our footprint. These customers are supported by more than 1,200 branches and a network of contact and business support centers.
International Banking provides a full range of financial products, solutions and advice to retail and commercial customers and is focused on Latin America, including the Pacific Alliance countries of Mexico, Peru, Chile and Colombia, and the Caribbean, Central America and Uruguay.
Global Banking and Markets
Global Banking and Markets (GBM) conducts the Bank’s wholesale banking and capital markets business with corporate, government and institutional investor clients. GBM is a full-service wholesale bank and investment dealer in Canada and Mexico, and offers a range of products and services in the U.S., Latin America and in select markets in Europe, Asia and Australia.
More specifically, GBM provides clients with: corporate lending; transaction banking (including payments, trade finance and cash management); investment banking (including corporate finance and mergers & acquisitions); fixed income and equity underwriting, sales, trading and research; prime services (prime brokerage and stock lending); foreign exchange sales and trading; commodity derivatives; and collateral management.
Our ESG Approach and Strategy
Guided by our purpose — for every future — Scotiabank plays a positive and meaningful role in addressing some of the biggest challenges facing society and the world today — from removing barriers to economic inclusion, to supporting our customers and evolving our own operations to mitigate the impacts of a changing climate. Our approach to managing ESG issues focuses on areas where Scotiabank can make the biggest impact, enabling stakeholders to reach their fullest potential, mobilizing capital to help address important social and environmental challenges and building trust by acting with integrity in everything we do.
Learn more about our approach for ESG: www.scotiabank.com/sustainability