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Scotiabank - Wikipedia

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class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#19th_century"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.1</span> <span>19th century</span> </div> </a> <ul id="toc-19th_century-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-20th_century" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#20th_century"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.2</span> <span>20th century</span> </div> </a> <ul id="toc-20th_century-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-21st_century" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#21st_century"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.3</span> <span>21st century</span> </div> </a> <ul id="toc-21st_century-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Acquisitions_and_mergers" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Acquisitions_and_mergers"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.4</span> <span>Acquisitions and mergers</span> </div> </a> <ul id="toc-Acquisitions_and_mergers-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Operating_units" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Operating_units"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Operating units</span> </div> </a> <button aria-controls="toc-Operating_units-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Operating units subsection</span> </button> <ul id="toc-Operating_units-sublist" class="vector-toc-list"> <li id="toc-Branch_and_office_locations" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Branch_and_office_locations"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.1</span> <span>Branch and office locations</span> </div> </a> <ul id="toc-Branch_and_office_locations-sublist" class="vector-toc-list"> <li id="toc-Canadian" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Canadian"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.1.1</span> <span>Canadian</span> </div> </a> <ul id="toc-Canadian-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Global" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Global"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.1.2</span> <span>Global</span> </div> </a> <ul id="toc-Global-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> </ul> </li> <li id="toc-Controversies" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Controversies"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Controversies</span> </div> </a> <button aria-controls="toc-Controversies-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Controversies subsection</span> </button> <ul id="toc-Controversies-sublist" class="vector-toc-list"> <li id="toc-Major_investor_in_UN-blacklisted_Israeli_bank_and_arms_manufacturer" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Major_investor_in_UN-blacklisted_Israeli_bank_and_arms_manufacturer"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.1</span> <span>Major investor in UN-blacklisted Israeli bank and arms manufacturer</span> </div> </a> <ul id="toc-Major_investor_in_UN-blacklisted_Israeli_bank_and_arms_manufacturer-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Fraud_in_Mexico" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Fraud_in_Mexico"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2</span> <span>Fraud in Mexico</span> </div> </a> <ul id="toc-Fraud_in_Mexico-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Unpaid_overtime_lawsuit" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Unpaid_overtime_lawsuit"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.3</span> <span>Unpaid overtime lawsuit</span> </div> </a> <ul id="toc-Unpaid_overtime_lawsuit-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Wrongful_dismissal_lawsuit" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Wrongful_dismissal_lawsuit"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.4</span> <span>Wrongful dismissal lawsuit</span> </div> </a> <ul id="toc-Wrongful_dismissal_lawsuit-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Closing_political_activists&#039;_accounts" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Closing_political_activists&#039;_accounts"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.5</span> <span>Closing political activists' accounts</span> </div> </a> <ul id="toc-Closing_political_activists&#039;_accounts-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Sponsorship" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Sponsorship"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Sponsorship</span> </div> </a> <button aria-controls="toc-Sponsorship-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Sponsorship subsection</span> </button> <ul id="toc-Sponsorship-sublist" class="vector-toc-list"> <li id="toc-Sports" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Sports"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.1</span> <span>Sports</span> </div> </a> <ul id="toc-Sports-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Culture" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Culture"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.2</span> <span>Culture</span> </div> </a> <ul id="toc-Culture-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Awards" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Awards"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>Awards</span> </div> </a> <ul id="toc-Awards-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Membership" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Membership"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>Membership</span> </div> </a> <ul id="toc-Membership-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Leadership" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Leadership"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>Leadership</span> </div> </a> <button aria-controls="toc-Leadership-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Leadership subsection</span> </button> <ul id="toc-Leadership-sublist" class="vector-toc-list"> <li id="toc-President" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#President"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.1</span> <span>President</span> </div> </a> <ul id="toc-President-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Chairman_of_the_Board" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Chairman_of_the_Board"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.2</span> <span>Chairman of the Board</span> </div> </a> <ul id="toc-Chairman_of_the_Board-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Chief_Executive_Officer" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Chief_Executive_Officer"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.3</span> <span>Chief Executive Officer</span> </div> </a> <ul id="toc-Chief_Executive_Officer-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Bank_histories" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Bank_histories"> <div class="vector-toc-text"> <span class="vector-toc-numb">8</span> <span>Bank histories</span> </div> </a> <ul id="toc-Bank_histories-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">9</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">10</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">11</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Scotiabank</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. Available in 23 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-23" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">23 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D8%A8%D9%86%D9%83_%D8%A3%D9%81_%D9%86%D9%88%D9%81%D8%A7_%D8%B3%D9%83%D9%88%D8%AA%D9%8A%D8%A7" title="بنك أف نوفا سكوتيا – Arabic" lang="ar" hreflang="ar" data-title="بنك أف نوفا سكوتيا" data-language-autonym="العربية" data-language-local-name="Arabic" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-azb mw-list-item"><a href="https://azb.wikipedia.org/wiki/%D8%A7%DB%8C%D8%B3%DA%A9%D9%88%D8%B4%DB%8C%D8%A7%D8%A8%D8%A7%D9%86%DA%A9" title="ایسکوشیابانک – South Azerbaijani" lang="azb" hreflang="azb" data-title="ایسکوشیابانک" data-language-autonym="تۆرکجه" data-language-local-name="South Azerbaijani" class="interlanguage-link-target"><span>تۆرکجه</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Danish" lang="da" hreflang="da" data-title="Scotiabank" data-language-autonym="Dansk" data-language-local-name="Danish" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/Scotiabank" title="Scotiabank – German" lang="de" hreflang="de" data-title="Scotiabank" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Spanish" lang="es" hreflang="es" data-title="Scotiabank" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D8%A7%D8%B3%DA%A9%D9%88%D8%B4%DB%8C%D8%A7%D8%A8%D8%A7%D9%86%DA%A9" title="اسکوشیابانک – Persian" lang="fa" hreflang="fa" data-title="اسکوشیابانک" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Banque_Scotia" title="Banque Scotia – French" lang="fr" hreflang="fr" data-title="Banque Scotia" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%EC%8A%A4%EC%BD%94%EC%83%A4_%EC%9D%80%ED%96%89" title="스코샤 은행 – Korean" lang="ko" hreflang="ko" data-title="스코샤 은행" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Indonesian" lang="id" hreflang="id" data-title="Scotiabank" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Italian" lang="it" hreflang="it" data-title="Scotiabank" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-ms mw-list-item"><a href="https://ms.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Malay" lang="ms" hreflang="ms" data-title="Scotiabank" data-language-autonym="Bahasa Melayu" data-language-local-name="Malay" class="interlanguage-link-target"><span>Bahasa Melayu</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E3%82%B9%E3%82%B3%E3%82%B7%E3%82%A2%E3%83%90%E3%83%B3%E3%82%AF" title="スコシアバンク – Japanese" lang="ja" hreflang="ja" data-title="スコシアバンク" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-pa mw-list-item"><a href="https://pa.wikipedia.org/wiki/%E0%A8%B8%E0%A8%95%E0%A9%8B%E0%A8%B8%E0%A8%BC%E0%A9%80%E0%A8%86%E0%A8%AC%E0%A9%88%E0%A8%82%E0%A8%95" title="ਸਕੋਸ਼ੀਆਬੈਂਕ – Punjabi" lang="pa" hreflang="pa" data-title="ਸਕੋਸ਼ੀਆਬੈਂਕ" data-language-autonym="ਪੰਜਾਬੀ" data-language-local-name="Punjabi" class="interlanguage-link-target"><span>ਪੰਜਾਬੀ</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Portuguese" lang="pt" hreflang="pt" data-title="Scotiabank" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Russian" lang="ru" hreflang="ru" data-title="Scotiabank" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-ckb mw-list-item"><a href="https://ckb.wikipedia.org/wiki/%D8%A8%D8%A7%D9%86%DA%A9%DB%8C_%D8%B3%DA%A9%DB%86%D8%AA%DB%8C%D8%A7" title="بانکی سکۆتیا – Central Kurdish" lang="ckb" hreflang="ckb" data-title="بانکی سکۆتیا" data-language-autonym="کوردی" data-language-local-name="Central Kurdish" class="interlanguage-link-target"><span>کوردی</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Finnish" lang="fi" hreflang="fi" data-title="Scotiabank" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Swedish" lang="sv" hreflang="sv" data-title="Scotiabank" data-language-autonym="Svenska" data-language-local-name="Swedish" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Scotiabank" title="Scotiabank – Turkish" lang="tr" hreflang="tr" data-title="Scotiabank" data-language-autonym="Türkçe" data-language-local-name="Turkish" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/Bank_of_Nova_Scotia" title="Bank of Nova Scotia – Ukrainian" lang="uk" hreflang="uk" data-title="Bank of Nova Scotia" data-language-autonym="Українська" data-language-local-name="Ukrainian" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-wuu mw-list-item"><a href="https://wuu.wikipedia.org/wiki/%E4%B8%B0%E4%B8%9A%E9%93%B6%E8%A1%8C" title="丰业银行 – Wu" lang="wuu" hreflang="wuu" data-title="丰业银行" data-language-autonym="吴语" data-language-local-name="Wu" class="interlanguage-link-target"><span>吴语</span></a></li><li class="interlanguage-link interwiki-zh-yue mw-list-item"><a href="https://zh-yue.wikipedia.org/wiki/%E5%8A%A0%E6%8B%BF%E5%A4%A7%E8%B1%90%E6%A5%AD%E9%8A%80%E8%A1%8C" title="加拿大豐業銀行 – Cantonese" lang="yue" hreflang="yue" data-title="加拿大豐業銀行" data-language-autonym="粵語" data-language-local-name="Cantonese" class="interlanguage-link-target"><span>粵語</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wikipedia.org/wiki/%E5%8A%A0%E6%8B%BF%E5%A4%A7%E8%B1%90%E6%A5%AD%E9%8A%80%E8%A1%8C" title="加拿大豐業銀行 – Chinese" lang="zh" hreflang="zh" data-title="加拿大豐業銀行" data-language-autonym="中文" data-language-local-name="Chinese" class="interlanguage-link-target"><span>中文</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q451476#sitelinks-wikipedia" title="Edit interlanguage links" class="wbc-editpage">Edit links</a></span></div> </div> </div> </div> </header> <div class="vector-page-toolbar"> <div class="vector-page-toolbar-container"> <div id="left-navigation"> <nav aria-label="Namespaces"> <div 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href="https://www.jstor.org/action/doBasicSearch?Query=%22Scotiabank%22&amp;acc=on&amp;wc=on">JSTOR</a></span></small></span> <span class="date-container"><i>(<span class="date">March 2018</span>)</i></span><span class="hide-when-compact"><i> (<small><a href="/wiki/Help:Maintenance_template_removal" title="Help:Maintenance template removal">Learn how and when to remove this message</a></small>)</i></span></div></td></tr></tbody></table> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">Bank of Nova Scotia</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Scotiabank_logo.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/2/22/Scotiabank_logo.svg/220px-Scotiabank_logo.svg.png" decoding="async" width="220" height="32" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/22/Scotiabank_logo.svg/330px-Scotiabank_logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/22/Scotiabank_logo.svg/440px-Scotiabank_logo.svg.png 2x" data-file-width="273" data-file-height="40" /></a></span></td></tr><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Scotia_Plaza_2009.JPG" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/2/23/Scotia_Plaza_2009.JPG/220px-Scotia_Plaza_2009.JPG" decoding="async" width="220" height="365" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/23/Scotia_Plaza_2009.JPG/330px-Scotia_Plaza_2009.JPG 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/23/Scotia_Plaza_2009.JPG/440px-Scotia_Plaza_2009.JPG 2x" data-file-width="1655" data-file-height="2749" /></a></span><div class="infobox-caption"><a href="/wiki/Scotia_Plaza" title="Scotia Plaza">Scotia Plaza</a> in Toronto</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Trade_name" title="Trade name">Trade name</a></div></th><td class="infobox-data">Scotiabank</td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Public_company" title="Public company">Public</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><a href="/wiki/Toronto_Stock_Exchange" title="Toronto Stock Exchange">TSX</a>:&#160;<a rel="nofollow" class="external text" href="https://money.tmx.com/en/quote/BNS">BNS</a><br /><a href="/wiki/New_York_Stock_Exchange" title="New York Stock Exchange">NYSE</a>:&#160;<a rel="nofollow" class="external text" href="https://www.nyse.com/quote/XNYS:BNS">BNS</a><br /><a href="/wiki/S%26P/TSX_60" title="S&amp;P/TSX 60">S&amp;P/TSX 60 component</a></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/International_Securities_Identification_Number" title="International Securities Identification Number">ISIN</a></th><td class="infobox-data">CA0641491075&#160;<span class="penicon 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dt:first-child::before,.mw-parser-output .hlist dd li:first-child::before,.mw-parser-output .hlist dt dd:first-child::before,.mw-parser-output .hlist dt dt:first-child::before,.mw-parser-output .hlist dt li:first-child::before,.mw-parser-output .hlist li dd:first-child::before,.mw-parser-output .hlist li dt:first-child::before,.mw-parser-output .hlist li li:first-child::before{content:" (";font-weight:normal}.mw-parser-output .hlist dd dd:last-child::after,.mw-parser-output .hlist dd dt:last-child::after,.mw-parser-output .hlist dd li:last-child::after,.mw-parser-output .hlist dt dd:last-child::after,.mw-parser-output .hlist dt dt:last-child::after,.mw-parser-output .hlist dt li:last-child::after,.mw-parser-output .hlist li dd:last-child::after,.mw-parser-output .hlist li dt:last-child::after,.mw-parser-output .hlist li li:last-child::after{content:")";font-weight:normal}.mw-parser-output .hlist ol{counter-reset:listitem}.mw-parser-output .hlist ol>li{counter-increment:listitem}.mw-parser-output .hlist ol>li::before{content:" "counter(listitem)"\a0 "}.mw-parser-output .hlist dd ol>li:first-child::before,.mw-parser-output .hlist dt ol>li:first-child::before,.mw-parser-output .hlist li ol>li:first-child::before{content:" ("counter(listitem)"\a0 "}</style><div class="hlist"><ul><li><a href="/wiki/Banking" class="mw-redirect" title="Banking">Banking</a></li><li><a href="/wiki/Financial_services" title="Financial services">financial services</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">March&#160;30, 1832<span class="noprint">&#59;&#32;192 years ago</span><span style="display:none">&#160;(<span class="bday dtstart published updated">1832-03-30</span>)</span><br /><a href="/wiki/Halifax_(former_city)" class="mw-redirect" title="Halifax (former city)">Halifax</a>, <a href="/wiki/Nova_Scotia" title="Nova Scotia">Nova Scotia</a></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data label"><a href="/wiki/Bay_Adelaide_Centre" title="Bay Adelaide Centre">Scotiabank North</a>, 40 Temperance Street, <span class="nowrap"><a href="/wiki/Toronto" title="Toronto">Toronto</a>, <a href="/wiki/Ontario" title="Ontario">Ontario</a>, Canada<sup id="cite_ref-HeadOffice_1-0" class="reference"><a href="#cite_note-HeadOffice-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></span></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"><ul><li>L. Scott Thomson (president and CEO)</li><li>Raj Viswanathan (CFO)</li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Services</th><td class="infobox-data category"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><div class="hlist"><ul><li><a href="/wiki/Retail_banking" title="Retail banking">Retail banking</a></li><li><a href="/wiki/Wholesale_banking" title="Wholesale banking">corporate banking</a></li><li><a href="/wiki/Investment_banking" title="Investment banking">investment banking</a></li><li><a href="/wiki/Mortgage_loan" class="mw-redirect" title="Mortgage loan">mortgage loans</a></li><li><a href="/wiki/Private_banking" title="Private banking">private banking</a></li><li><a href="/wiki/Credit_card" title="Credit card">credit cards</a></li><li><a href="/wiki/Financial_services" title="Financial services">finance and insurance</a></li><li><a href="/wiki/Investment_management" title="Investment management">investment management</a></li><li><a href="/wiki/Wealth_management" title="Wealth management">wealth management</a></li><li><a href="/wiki/Asset_management" title="Asset management">asset management</a></li><li><a href="/wiki/Mutual_funds" class="mw-redirect" title="Mutual funds">mutual funds</a></li><li><a href="/wiki/Exchange-traded_fund" title="Exchange-traded fund">exchange-traded funds</a></li><li><a href="/wiki/Index_fund" title="Index fund">index funds</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <a href="/wiki/Canadian_dollar" title="Canadian dollar">CA$</a>32.31 billion (2023)<sup id="cite_ref-Financials_2-0" class="reference"><a href="#cite_note-Financials-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Decrease"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> CA$7.53 billion (2023)<sup id="cite_ref-Financials_2-1" class="reference"><a href="#cite_note-Financials-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Assets_under_management" title="Assets under management">AUM</a></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> CA$317.00 billion (2023)<sup id="cite_ref-Financials_2-2" class="reference"><a href="#cite_note-Financials-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> CA$1.41 trillion (2023)<sup id="cite_ref-Financials_2-3" class="reference"><a href="#cite_note-Financials-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Equity_(finance)" title="Equity (finance)">Total equity</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> CA$78.67 billion (2023)<sup id="cite_ref-Financials_2-4" class="reference"><a href="#cite_note-Financials-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">89,488 (2023)<sup id="cite_ref-Financials_2-5" class="reference"><a href="#cite_note-Financials-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data"><a href="/wiki/Tangerine_Bank" title="Tangerine Bank">Tangerine Bank</a></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="https://www.scotiabank.com/">www<wbr />.scotiabank<wbr />.com</a></span> <span class="mw-valign-text-top noprint" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q451476#P856" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></td></tr></tbody></table> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Banque_Scotia_(logo,_2019).svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/a/a9/Banque_Scotia_%28logo%2C_2019%29.svg/250px-Banque_Scotia_%28logo%2C_2019%29.svg.png" decoding="async" width="250" height="36" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/a/a9/Banque_Scotia_%28logo%2C_2019%29.svg/375px-Banque_Scotia_%28logo%2C_2019%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/a/a9/Banque_Scotia_%28logo%2C_2019%29.svg/500px-Banque_Scotia_%28logo%2C_2019%29.svg.png 2x" data-file-width="174" data-file-height="25" /></a><figcaption>Banque Scotia logo, used for francophone Scotiabank customers in Canada</figcaption></figure> <p>The <b>Bank of Nova Scotia</b> (French: <i lang="fr">Banque de Nouvelle-Écosse</i>), operating as <b>Scotiabank</b> (French: <i lang="fr">Banque Scotia</i>), is a Canadian <a href="/wiki/Multinational_corporation" title="Multinational corporation">multinational</a> banking and financial services company headquartered in <a href="/wiki/Toronto" title="Toronto">Toronto</a>, <a href="/wiki/Ontario" title="Ontario">Ontario</a>. One of Canada's <a href="/wiki/Big_Five_(banks)" class="mw-redirect" title="Big Five (banks)">Big Five banks</a>, it is the third-largest Canadian bank by deposits and <a href="/wiki/Market_capitalization" title="Market capitalization">market capitalization</a>. In 2023, the company’s seat in <a href="/wiki/Forbes_Global_2000" title="Forbes Global 2000">Forbes Global 2000</a> was 88.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup> It serves more than 25 million customers around the world and offers a range of products and services including personal and commercial banking, wealth management, corporate and investment banking. With more than 89,000 employees and assets of CA$1,399 billion as of April 30, 2024 (according to Q2-2024 Report to Shareholders), Scotiabank trades on the Toronto (<a href="/wiki/Toronto_Stock_Exchange" title="Toronto Stock Exchange">TSX</a>:&#160;<a rel="nofollow" class="external text" href="https://money.tmx.com/en/quote/BNS">BNS</a>) and New York (<a href="/wiki/New_York_Stock_Exchange" title="New York Stock Exchange">NYSE</a>:&#160;<a rel="nofollow" class="external text" href="https://www.nyse.com/quote/XNYS:BNS">BNS</a>) exchanges. The Scotiabank swift code is NOSCCATT and the institution number is 002.<sup id="cite_ref-Swift_Code_and_Institution_Number_4-0" class="reference"><a href="#cite_note-Swift_Code_and_Institution_Number-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup> </p><p>Scotiabank was founded in 1832 in <a href="/wiki/Halifax,_Nova_Scotia" title="Halifax, Nova Scotia">Halifax, Nova Scotia</a>, where it was headquartered until relocating to Toronto in 1900.<sup id="cite_ref-Scotiabank_Story_5-0" class="reference"><a href="#cite_note-Scotiabank_Story-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup> Scotiabank has billed itself as "Canada's most international bank" due to its acquisitions primarily in Latin America and the Caribbean, and also in Europe and parts of Asia. Scotiabank is a member of the <a href="/wiki/London_Bullion_Market_Association" title="London Bullion Market Association">London Bullion Market Association</a> and one of fifteen accredited institutions which participate in the London <a href="/wiki/Gold_fixing" title="Gold fixing">gold fixing</a>.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> From 1997 to 2019, this was conducted through its precious metals division <a href="/wiki/ScotiaMocatta" title="ScotiaMocatta">ScotiaMocatta</a>.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">&#91;</span>7<span class="cite-bracket">&#93;</span></a></sup> </p><p>Scotiabank's president and CEO <a href="/wiki/Brian_J._Porter" title="Brian J. Porter">Brian J. Porter</a><sup id="cite_ref-SNL_8-0" class="reference"><a href="#cite_note-SNL-8"><span class="cite-bracket">&#91;</span>8<span class="cite-bracket">&#93;</span></a></sup> announced his retirement to be effective January 31, 2023, and Scott Thompson was named as his replacement.<sup id="cite_ref-REU_9-0" class="reference"><a href="#cite_note-REU-9"><span class="cite-bracket">&#91;</span>9<span class="cite-bracket">&#93;</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="19th_century">19th century</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=2" title="Edit section: 19th century"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:William_Lawson_by_Robert_Field.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/William_Lawson_by_Robert_Field.png/170px-William_Lawson_by_Robert_Field.png" decoding="async" width="170" height="215" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/William_Lawson_by_Robert_Field.png/255px-William_Lawson_by_Robert_Field.png 1.5x, //upload.wikimedia.org/wikipedia/commons/4/45/William_Lawson_by_Robert_Field.png 2x" data-file-width="305" data-file-height="385" /></a><figcaption><a href="/wiki/William_Lawson_(banker)" title="William Lawson (banker)">William Lawson</a> served as the first president of the Bank of Nova Scotia, from 1832 to 1837.</figcaption></figure> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Bank_of_Nova_Scotia_Building.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/a/a8/Bank_of_Nova_Scotia_Building.png/220px-Bank_of_Nova_Scotia_Building.png" decoding="async" width="220" height="339" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/a/a8/Bank_of_Nova_Scotia_Building.png/330px-Bank_of_Nova_Scotia_Building.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/a/a8/Bank_of_Nova_Scotia_Building.png/440px-Bank_of_Nova_Scotia_Building.png 2x" data-file-width="524" data-file-height="807" /></a><figcaption>The bank constructed its first building of its own on Hollis Street in Halifax in 1837.</figcaption></figure> <p>The Bank of Nova Scotia was founded in 1832 in <a href="/wiki/Halifax,_Nova_Scotia" title="Halifax, Nova Scotia">Halifax</a>, <a href="/wiki/Nova_Scotia" title="Nova Scotia">Nova Scotia</a>, a <a href="/wiki/British_North_America" title="British North America">British colony</a> at that time. The bank was incorporated by the <a href="/wiki/Legislative_Assembly_of_Nova_Scotia" class="mw-redirect" title="Legislative Assembly of Nova Scotia">Legislative Assembly of Nova Scotia</a> on March 30, 1832. <a href="/wiki/William_Lawson_(banker)" title="William Lawson (banker)">William Lawson</a> was the first president.<sup id="cite_ref-Pound_2005_10-0" class="reference"><a href="#cite_note-Pound_2005-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> The bank intended to facilitate the trans-Atlantic trade of the time.<sup id="cite_ref-Scotiabank_Story_5-1" class="reference"><a href="#cite_note-Scotiabank_Story-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup> Later, in 1883, the Bank of Nova Scotia acquired the Union Bank of Prince Edward Island, although most of the bank's expansion efforts in the century took the form of branch openings.<sup id="cite_ref-FU_history_11-0" class="reference"><a href="#cite_note-FU_history-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> </p><p>The bank launched its <a href="/wiki/Branch_(banking)" title="Branch (banking)">branch banking system</a> by opening in <a href="/wiki/Windsor,_Nova_Scotia" title="Windsor, Nova Scotia">Windsor</a>, Nova Scotia. The expansion was limited to the <a href="/wiki/Maritimes" class="mw-redirect" title="Maritimes">Maritimes</a> until 1882, when the bank moved west by opening a branch in <a href="/wiki/Winnipeg" title="Winnipeg">Winnipeg</a>, which later closed, but the bank continued to expand into the <a href="/wiki/Midwestern_United_States" title="Midwestern United States">American Midwest</a>. This included opening a branch in <a href="/wiki/Minneapolis" title="Minneapolis">Minneapolis</a> in 1885, which later transferred to Chicago in 1892. Following the collapse of the Commercial Bank of Newfoundland and Union Bank of Newfoundland on December 10, 1894, the Bank of Nova Scotia established on December 15, 1894, in <a href="/wiki/Newfoundland_Colony" title="Newfoundland Colony">Newfoundland</a>.<sup id="cite_ref-Pound_2005_10-1" class="reference"><a href="#cite_note-Pound_2005-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> </p><p>The bank opened a branch in <a href="/wiki/Kingston,_Jamaica" title="Kingston, Jamaica">Kingston, Jamaica</a>, in 1889 to facilitate the trading of sugar, <a href="/wiki/Rum" title="Rum">rum</a>, and fish. This was Scotiabank's first move into the Caribbean and historically the first branch of a Canadian bank to open outside of the United States or the United Kingdom.<sup id="cite_ref-Scotiabank_Story_5-2" class="reference"><a href="#cite_note-Scotiabank_Story-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-FU_history_11-1" class="reference"><a href="#cite_note-FU_history-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> In 1899, Scotiabank opened a branch in <a href="/wiki/Boston" title="Boston">Boston</a>, <a href="/wiki/Massachusetts" title="Massachusetts">Massachusetts</a>. By the end of the 19th century, the bank was represented in all of the <a href="/wiki/Maritimes" class="mw-redirect" title="Maritimes">Maritimes</a>, <a href="/wiki/Quebec" title="Quebec">Quebec</a>, <a href="/wiki/Ontario" title="Ontario">Ontario</a>, and <a href="/wiki/Manitoba" title="Manitoba">Manitoba</a>. In 1900, the bank moved its headquarters to <a href="/wiki/Toronto" title="Toronto">Toronto</a>, Ontario.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-FU_history_11-2" class="reference"><a href="#cite_note-FU_history-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="20th_century">20th century</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=3" title="Edit section: 20th century"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The bank continued to grow with the opening of new branches in the early 20th century. In 1906, the Bank of Nova Scotia opened a branch in <a href="/wiki/Havana" title="Havana">Havana</a>, Cuba, followed by a branch in <a href="/wiki/New_York_City" title="New York City">New York City</a> in the following year. In 1910, the bank opened a branch in <a href="/wiki/San_Juan,_Puerto_Rico" title="San Juan, Puerto Rico">San Juan</a>, <a href="/wiki/Puerto_Rico" title="Puerto Rico">Puerto Rico</a>. The bank also grew with the merger and acquisition of other banks, including the <a href="/wiki/Bank_of_New_Brunswick" title="Bank of New Brunswick">Bank of New Brunswick</a> in 1913, and the Toronto-based Metropolitan Bank in 1914.<sup id="cite_ref-FU_history_11-3" class="reference"><a href="#cite_note-FU_history-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> The acquisition of Metropolitan Bank made the Bank of Nova Scotia the fourth largest financial institution in Canada at that time.<sup id="cite_ref-FU_history_11-4" class="reference"><a href="#cite_note-FU_history-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> In 1919, the bank amalgamated with the <a href="/wiki/Bank_of_Ottawa" title="Bank of Ottawa">Bank of Ottawa</a>.<sup id="cite_ref-FU_history_11-5" class="reference"><a href="#cite_note-FU_history-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 1919, the bank opened a branch in <a href="/wiki/Fajardo,_Puerto_Rico" title="Fajardo, Puerto Rico">Fajardo</a>, Puerto Rico. In the following year, the bank opened a branch in London, and another in <a href="/wiki/Santo_Domingo,_Dominican_Republic" class="mw-redirect" title="Santo Domingo, Dominican Republic">Santo Domingo</a>, Dominican Republic. The bank also saw growth in Cuba, with five branches in Havana, and one branch each in <a href="/wiki/Camag%C3%BCey" title="Camagüey">Camagüey</a>, <a href="/wiki/Cienfuegos" title="Cienfuegos">Cienfuegos</a>, <a href="/wiki/Manzanillo,_Cuba" title="Manzanillo, Cuba">Manzanillo</a>, and <a href="/wiki/Santiago_de_Cuba" title="Santiago de Cuba">Santiago de Cuba</a> by 1931.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (August 2023)">citation needed</span></a></i>&#93;</sup> </p><p>During the mid-20th century, the bank grew not only in size but also in breadth of products and services. Progress was conditioned by changing consumer needs, legal changes, or acquisitions of external service providers. Major changes include:<sup id="cite_ref-FU_history_11-6" class="reference"><a href="#cite_note-FU_history-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> Following the passage of the <i><a href="/wiki/National_Housing_Act_(Canada)" title="National Housing Act (Canada)">National Housing Act</a></i>, the Bank of Nova Scotia created a mortgage department in 1954. Further changes to the <i>Bank Act of 1954</i> in 1958 led to the bank introducing its consumer credit program. </p><p>The bank's branches in Cuba continued to operate until 1960, when the Government of Cuba nationalized all banks in Cuba, and the Bank of Nova Scotia withdrew its services from all eight branches. During the 1960s, the Bank of Nova Scotia became the first Canadian bank to appoint women as bank managers, with the first appointed on September 11, 1961.<sup id="cite_ref-Pound_2005_10-2" class="reference"><a href="#cite_note-Pound_2005-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> In the next year, the bank expanded into Asia with the opening of a Representative Office in Japan.<sup id="cite_ref-FU_history_11-7" class="reference"><a href="#cite_note-FU_history-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 1975, the Bank of Nova Scotia adopted <i>Scotiabank</i> as its worldwide brand name. On September 28, 1978, Scotiabank and <a href="/wiki/Canadian_Union_of_Public_Employees" title="Canadian Union of Public Employees">Canadian Union of Public Employees</a> signed a collective agreement in Toronto, making Scotiabank the first Canadian bank to sign a collective agreement with a union.<sup id="cite_ref-Pound_2005_10-3" class="reference"><a href="#cite_note-Pound_2005-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 1986, Scotiabank created Scotia Securities to provide discount brokerage and security underwriting services. The late 1980s and 1990s saw the bank acquire several firms, including McLeod Young Weir Ltd brokerage firm (co-founded by Donald Ivan McLeod, William Ewart Young, James Gordon Weir and John Henry (Harry) Ratcliffe in 1921)<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> in 1988, and Montreal Trustco Inc. in 1994. In 1997, the bank acquired National Trust Company for Can$1.25&#160;billion.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">&#91;</span>14<span class="cite-bracket">&#93;</span></a></sup> In the same year, Scotiabank acquired Banco Quilmes in Argentina. </p> <div class="mw-heading mw-heading3"><h3 id="21st_century">21st century</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=4" title="Edit section: 21st century"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2000, Scotiabank increased its stake in Mexican bank Grupo Financiero Inverlat to 55 percent. The Mexican bank was subsequently renamed to Grupo Financiero Scotiabank Inverlat.<sup id="cite_ref-FU_history_11-8" class="reference"><a href="#cite_note-FU_history-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> Scotiabank later acquired <a href="/w/index.php?title=Inverlat&amp;action=edit&amp;redlink=1" class="new" title="Inverlat (page does not exist)">Inverlat</a> banking house in 2003, taking over all of its branches and establishing a strong presence in the country.<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 2002, Scotiabank shut its branches (formerly Banco Quilmes) in Argentina during the currency crisis and massive <a href="/wiki/Sovereign_default" title="Sovereign default">sovereign default</a>. In the following year, Scotiabank's Guangzhou branch was awarded the first licence to a Canadian bank by the Chinese government to deal in Chinese currency.<sup id="cite_ref-Pound_2005_10-4" class="reference"><a href="#cite_note-Pound_2005-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> In 2007, Scotiabank acquired a 24.98 per cent stake in <a href="/wiki/Thanachart_Bank" title="Thanachart Bank">Thanachart Bank</a>, with that share later increasing to 48.99 per cent by December 2014. With the acquisition of <a href="/wiki/Siam_City_Bank" title="Siam City Bank">Siam City Bank</a>, Thanachart Bank is now the 6th largest bank (by assets) in Thailand with over 16,000 staff serving more than four million customers through 680 branches and 2,100 ATMs across the country.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">&#91;</span>16<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 2010, the bank opened its first offices in <a href="/wiki/Bogot%C3%A1" title="Bogotá">Bogotá</a>, Colombia. On October 20, 2011, Scotiabank acquired a 51 per cent stake in <a href="/w/index.php?title=Colpatria&amp;action=edit&amp;redlink=1" class="new" title="Colpatria (page does not exist)">Colpatria</a><span class="noprint" style="font-size:85%; font-style: normal;">&#160;&#91;<a href="https://es.wikipedia.org/wiki/Colpatria" class="extiw" title="es:Colpatria">es</a>&#93;</span>, Colombia's fifth largest bank and second largest issuer of credit cards, for $1&#160;billion Canadian in cash and stock (10 million shares). It is the second largest foreign transaction ever by a Canadian financial company overseas, behind <a href="/wiki/Royal_Bank_of_Canada" title="Royal Bank of Canada">Royal Bank of Canada</a>'s purchase in Royal Bank of Trinidad and Tobago.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> </p> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Tangerine_Bank_cafe_on_Yonge_Street.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/7/71/Tangerine_Bank_cafe_on_Yonge_Street.jpg/220px-Tangerine_Bank_cafe_on_Yonge_Street.jpg" decoding="async" width="220" height="147" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/71/Tangerine_Bank_cafe_on_Yonge_Street.jpg/330px-Tangerine_Bank_cafe_on_Yonge_Street.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/71/Tangerine_Bank_cafe_on_Yonge_Street.jpg/440px-Tangerine_Bank_cafe_on_Yonge_Street.jpg 2x" data-file-width="4608" data-file-height="3072" /></a><figcaption>A <a href="/wiki/Tangerine_(bank)" class="mw-redirect" title="Tangerine (bank)">Tangerine</a> "cafe" in <a href="/wiki/Toronto" title="Toronto">Toronto</a>. Tangerine is a subsidiary of Scotiabank that was acquired in 2012.</figcaption></figure> <p>In 2012, Scotiabank entered into an agreement to acquire ING Direct Bank of Canada from <a href="/wiki/ING_Groep" class="mw-redirect" title="ING Groep">ING Groep N.V</a>. Two years later, Scotiabank would acquire ING Direct Bank of Canada for Can$3.13 billion.<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">&#91;</span>18<span class="cite-bracket">&#93;</span></a></sup> The sale completed on November 15, 2012,<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">&#91;</span>19<span class="cite-bracket">&#93;</span></a></sup> and ING Bank of Canada was later renamed <a href="/wiki/Tangerine_(bank)" class="mw-redirect" title="Tangerine (bank)">Tangerine</a> in April 2014. </p><p>As a result of the <a href="/wiki/FATCA_agreement_between_Canada_and_the_United_States" title="FATCA agreement between Canada and the United States">FATCA agreement between Canada and the United States</a>, signed between the two countries in 2014, Scotiabank has also spent almost $100 million implementing a controversial system to report to the United States the account holdings of close to one million Canadians of American origin and their Canadian-born spouses. Scotiabank has been forced to implement this system in order to comply with <a href="/wiki/FATCA" class="mw-redirect" title="FATCA">FATCA</a>. According to <a href="/wiki/Financial_Post" title="Financial Post">Financial Post</a>, FATCA requires Canadian banks to provide information to the United States including total assets, account balances, account numbers, transactions, account numbers, and other personal identifying information, as well as assets held jointly with Canadian-born spouses and other family members.<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">&#91;</span>20<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">&#91;</span>21<span class="cite-bracket">&#93;</span></a></sup> </p><p>On July 14, 2015, Scotiabank announced that it would buy <a href="/wiki/Citigroup" title="Citigroup">Citigroup</a>'s retail and commercial banking operations in Panama and Costa Rica. Terms of the transaction were not disclosed. The purchase would increase Scotiabank's client base in both countries from 137,000 to 387,000, and would add 27 branches to the existing 51 branches in both Central American nations.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">&#91;</span>22<span class="cite-bracket">&#93;</span></a></sup> </p><p>Scotiabank's former President, CEO and Chairman Cedric Ritchie died on March 20, 2016. He was a President of Scotiabank from 1972, and CEO and Chairman from 1974 to 1995. Under his leadership, Scotiabank expanded into more than 40 countries and grew to 33,000 employees.<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">&#91;</span>23<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 2017, Scotiabank join Enterprise <a href="/wiki/Ethereum" title="Ethereum">Ethereum</a> Alliance.<sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">&#91;</span>24<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 2018, Scotiabank acquired Montreal investment firm Jarislowsky Fraser, also in 2018 Scotiabank completed the acquisition of a 68.19 per cent stake in <a href="/wiki/Banco_Bilbao_Vizcaya_Argentaria" title="Banco Bilbao Vizcaya Argentaria">BBVA</a> Chile for Can$2.9 billion, as a result <a href="/wiki/Banco_Bilbao_Vizcaya_Argentaria" title="Banco Bilbao Vizcaya Argentaria">BBVA</a> Chile was merged into Scotiabank Chile.<sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">&#91;</span>25<span class="cite-bracket">&#93;</span></a></sup> On February 21, 2019, the Prosecutor in the Central American country of <a href="/wiki/Costa_Rica" title="Costa Rica">Costa Rica</a> raided Scotiabank's offices in <a href="/wiki/San_Jos%C3%A9,_Costa_Rica" title="San José, Costa Rica">San José, Costa Rica</a>, claiming that the bank had failed to provide the government with information on accounts and deposits that could allegedly implicate <a href="/wiki/Alejandro_Toledo" title="Alejandro Toledo">Alejandro Toledo</a>, the former president of <a href="/wiki/Peru" title="Peru">Peru</a>, in money laundering.<sup id="cite_ref-26" class="reference"><a href="#cite_note-26"><span class="cite-bracket">&#91;</span>26<span class="cite-bracket">&#93;</span></a></sup> Later that year, in June 2019 it was announced that <a href="/wiki/OFG_Bancorp" title="OFG Bancorp">OFG Bancorp</a> would acquire all branches of Scotiabank within Puerto Rico and the United States Virgin Islands territories as part of a $550 million cash deal. </p><p>In 2019, Scotiabank underwent a rebranding, modifying its wordmark logo and introducing a new corporate font based on its design, downplaying the company's S and globe monogram, and increasing use of the abbreviated name "Scotia".<sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">&#91;</span>27<span class="cite-bracket">&#93;</span></a></sup> </p><p>On February 14, 2024, <a href="/wiki/Chief_Executive_Officer" class="mw-redirect" title="Chief Executive Officer">Chief Executive Officer</a> and Group Head, Global Banking and Markets Jake Lawrence left the bank after 22 years and joined the <a href="/wiki/Power_Corporation" class="mw-redirect" title="Power Corporation">Power Corporation</a> of <a href="/wiki/Canada" title="Canada">Canada</a>. His responsibilities are shared between Paul Scurfield to Global Head, Capital Markets, Global Banking and Markets, and Michael Kruse, acting as Interim Global Head, Corporate and Investment Banking, Global Banking and Markets.<sup id="cite_ref-28" class="reference"><a href="#cite_note-28"><span class="cite-bracket">&#91;</span>28<span class="cite-bracket">&#93;</span></a></sup> </p><p>In February 2024, Bank of Nova Scotia announced the creation of first indigenous-owned investment dealer in Canada. Cedar Leaf Capital is a partnership between two indigenous development corporations and one indigenous peoples corporation. Each side owns 23.3% of the shares and Scotiabank controls the rest. At the same time, the bank will reduce its share once Cedar Leaf Capital has established its production. This initiative will facilitate access by aboriginal people (5% of Canada’s 40 million people) to investment and infrastructure development.<sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">&#91;</span>29<span class="cite-bracket">&#93;</span></a></sup> </p><p>In August 2024, Scotiabank and <a href="/wiki/KeyBank" title="KeyBank">KeyCorp</a> (a U.S. regional bank) announced that Scotiabank was purchasing 14.9% of KeyCorp for approximately $2.8 billion. The parties expect to complete the purchase upon the satisfaction of customary closing conditions and the receipt of Federal Reserve approval, which is expected to occur in the first quarter of 2025. As part of the transaction, KeyCorp and Scotiabank plan to explore commercial opportunities to partner together in the future to best serve their respective client bases.<sup id="cite_ref-30" class="reference"><a href="#cite_note-30"><span class="cite-bracket">&#91;</span>30<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Acquisitions_and_mergers">Acquisitions and mergers</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=5" title="Edit section: Acquisitions and mergers"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The bank has amalgamated with several other Canadian financial institutions through the years and purchased several other banks overseas.<sup id="cite_ref-Scotiabank_Story_5-3" class="reference"><a href="#cite_note-Scotiabank_Story-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-31" class="reference"><a href="#cite_note-31"><span class="cite-bracket">&#91;</span>31<span class="cite-bracket">&#93;</span></a></sup> Most have been rebranded since their acquisition, although a few continue to utilize their former names. Several branches of the former Montreal Trust and National Trust were rebranded Scotiabank &amp; Trust, and continue to operate as such. </p> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:The_Bank_of_Ottawa,_Cobalt,_Ontario_(22969692376).jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/7/79/The_Bank_of_Ottawa%2C_Cobalt%2C_Ontario_%2822969692376%29.jpg/220px-The_Bank_of_Ottawa%2C_Cobalt%2C_Ontario_%2822969692376%29.jpg" decoding="async" width="220" height="138" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/79/The_Bank_of_Ottawa%2C_Cobalt%2C_Ontario_%2822969692376%29.jpg/330px-The_Bank_of_Ottawa%2C_Cobalt%2C_Ontario_%2822969692376%29.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/79/The_Bank_of_Ottawa%2C_Cobalt%2C_Ontario_%2822969692376%29.jpg/440px-The_Bank_of_Ottawa%2C_Cobalt%2C_Ontario_%2822969692376%29.jpg 2x" data-file-width="3229" data-file-height="2022" /></a><figcaption>A <a href="/wiki/Bank_of_Ottawa" title="Bank of Ottawa">Bank of Ottawa</a> branch in <a href="/wiki/Cobalt,_Ontario" title="Cobalt, Ontario">Cobalt</a>. The bank was acquired by the Bank of Nova Scotia in 1919.</figcaption></figure> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:R-G_building_in_San_Juan_(Puerto_Rico).jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/0/05/R-G_building_in_San_Juan_%28Puerto_Rico%29.jpg/220px-R-G_building_in_San_Juan_%28Puerto_Rico%29.jpg" decoding="async" width="220" height="173" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/05/R-G_building_in_San_Juan_%28Puerto_Rico%29.jpg/330px-R-G_building_in_San_Juan_%28Puerto_Rico%29.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/05/R-G_building_in_San_Juan_%28Puerto_Rico%29.jpg/440px-R-G_building_in_San_Juan_%28Puerto_Rico%29.jpg 2x" data-file-width="668" data-file-height="526" /></a><figcaption>Headquarters for <a href="/wiki/R_%26_G_Financial_Corporation" title="R &amp; G Financial Corporation">R &amp; G Financial</a> in <a href="/wiki/San_Juan,_Puerto_Rico" title="San Juan, Puerto Rico">San Juan</a>, 2006. R &amp; G was later acquired by Scotiabank in 2010.</figcaption></figure> <table class="wikitable plainrowheaders" style="text-align:center"> <caption>List of banks merged with or acquired by Scotiabank </caption> <tbody><tr> <th scope="col">Bank </th> <th scope="col">Year established </th> <th scope="col">Year of amalgamation </th></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> Union Bank of PEI </th> <td>1860 </td> <td>1883 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> Summerside Bank </th> <td>1866 </td> <td>1901 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Bank_of_New_Brunswick" title="Bank of New Brunswick">Bank of New Brunswick</a> </th> <td>1820 </td> <td>1913 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> Metropolitan Bank of Canada </th> <td>1902 </td> <td>1914 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Bank_of_Ottawa" title="Bank of Ottawa">Bank of Ottawa</a> </th> <td>1874 </td> <td>1919 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Montreal_Trust_Company" title="Montreal Trust Company">Montreal Trust Company</a> </th> <td>1889 </td> <td>1994 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/National_Trust_Company" class="mw-redirect" title="National Trust Company">National Trust Company</a> </th> <td>1898 </td> <td>1997 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/United_Kingdom" title="United Kingdom"><img alt="United Kingdom" src="//upload.wikimedia.org/wikipedia/en/thumb/a/ae/Flag_of_the_United_Kingdom.svg/23px-Flag_of_the_United_Kingdom.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/a/ae/Flag_of_the_United_Kingdom.svg/35px-Flag_of_the_United_Kingdom.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/a/ae/Flag_of_the_United_Kingdom.svg/46px-Flag_of_the_United_Kingdom.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/ScotiaMocatta" title="ScotiaMocatta">Mocatta Bullion</a> </th> <td>1684 </td> <td>1997, Scotiabank acquires Mocatta Bullion from <a href="/wiki/Standard_Chartered" title="Standard Chartered">Standard Chartered</a> </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Mexico" title="Mexico"><img alt="Mexico" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/fc/Flag_of_Mexico.svg/23px-Flag_of_Mexico.svg.png" decoding="async" width="23" height="13" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/fc/Flag_of_Mexico.svg/35px-Flag_of_Mexico.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/fc/Flag_of_Mexico.svg/46px-Flag_of_Mexico.svg.png 2x" data-file-width="980" data-file-height="560" /></a></span></span> <a href="/w/index.php?title=Inverlat&amp;action=edit&amp;redlink=1" class="new" title="Inverlat (page does not exist)">Inverlat</a><sup id="cite_ref-SM_32-0" class="reference"><a href="#cite_note-SM-32"><span class="cite-bracket">&#91;</span>32<span class="cite-bracket">&#93;</span></a></sup> </th> <td>1991 </td> <td>1992, Scotiabank acquires 5% stake </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/National_Bank_of_Greece" title="National Bank of Greece">National Bank of Greece (Canada)</a> </th> <td>1982 </td> <td>2005 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Peru" title="Peru"><img alt="Peru" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cf/Flag_of_Peru.svg/23px-Flag_of_Peru.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cf/Flag_of_Peru.svg/35px-Flag_of_Peru.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cf/Flag_of_Peru.svg/45px-Flag_of_Peru.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Banco_Wiese_Sudameris" class="mw-redirect" title="Banco Wiese Sudameris">Banco Wiese Sudameris</a> </th> <td>1920 </td> <td>2006 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Dominican_Republic" title="Dominican Republic"><img alt="Dominican Republic" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9f/Flag_of_the_Dominican_Republic.svg/23px-Flag_of_the_Dominican_Republic.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9f/Flag_of_the_Dominican_Republic.svg/35px-Flag_of_the_Dominican_Republic.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9f/Flag_of_the_Dominican_Republic.svg/45px-Flag_of_the_Dominican_Republic.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> Banco Intercontinental </th> <td>1986 </td> <td>2003 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Peru" title="Peru"><img alt="Peru" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cf/Flag_of_Peru.svg/23px-Flag_of_Peru.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cf/Flag_of_Peru.svg/35px-Flag_of_Peru.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cf/Flag_of_Peru.svg/45px-Flag_of_Peru.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> Banco Sudamericano </th> <td>1991 </td> <td>1997, Scotiabank acquires 25% of Peru's Banco Sudamericano </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/E-Trade" title="E-Trade">E-Trade Canada</a> </th> <td>1982 </td> <td>2008 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/DundeeWealth" title="DundeeWealth">DundeeWealth</a> </th> <td>1998 </td> <td>2010 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/United_States" title="United States"><img alt="United States" src="//upload.wikimedia.org/wikipedia/en/thumb/a/a4/Flag_of_the_United_States.svg/23px-Flag_of_the_United_States.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/a/a4/Flag_of_the_United_States.svg/35px-Flag_of_the_United_States.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/a/a4/Flag_of_the_United_States.svg/46px-Flag_of_the_United_States.svg.png 2x" data-file-width="1235" data-file-height="650" /></a></span></span> <a href="/wiki/R_%26_G_Financial_Corporation" title="R &amp; G Financial Corporation">R-G Premier Bank of Puerto Rico</a> </th> <td>1966 </td> <td>2010 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Uruguay" title="Uruguay"><img alt="Uruguay" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/fe/Flag_of_Uruguay.svg/23px-Flag_of_Uruguay.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/fe/Flag_of_Uruguay.svg/35px-Flag_of_Uruguay.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/fe/Flag_of_Uruguay.svg/45px-Flag_of_Uruguay.svg.png 2x" data-file-width="512" data-file-height="341" /></a></span></span> <a href="/w/index.php?title=Nuevo_Banco_Comercial&amp;action=edit&amp;redlink=1" class="new" title="Nuevo Banco Comercial (page does not exist)">Nuevo Banco Comercial</a> </th> <td>2003 </td> <td>2011 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/ING_Direct#ING_Direct_Canada" class="mw-redirect" title="ING Direct">ING Direct Canada</a> </th> <td>1997 </td> <td>2012, rebranded to <a href="/wiki/Tangerine_Bank" title="Tangerine Bank">Tangerine</a> in 2013 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Colombia" title="Colombia"><img alt="Colombia" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/21/Flag_of_Colombia.svg/23px-Flag_of_Colombia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/21/Flag_of_Colombia.svg/35px-Flag_of_Colombia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/21/Flag_of_Colombia.svg/45px-Flag_of_Colombia.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="https://es.wikipedia.org/wiki/Colpatria#Grupo_Scotiabank" class="extiw" title="es:Colpatria">Banco Colpatria</a> </th> <td>1955 </td> <td>2012, Scotiabank acquires 51% of the stakes in Banco Colpatria </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Uruguay" title="Uruguay"><img alt="Uruguay" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/fe/Flag_of_Uruguay.svg/23px-Flag_of_Uruguay.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/fe/Flag_of_Uruguay.svg/35px-Flag_of_Uruguay.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/fe/Flag_of_Uruguay.svg/45px-Flag_of_Uruguay.svg.png 2x" data-file-width="512" data-file-height="341" /></a></span></span> Discount Bank </th> <td> </td> <td>2015, Scotiabank acquires Discount Bank Uruguay </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Canadian_Tire_Financial_Services" title="Canadian Tire Financial Services">Canadian Tire Bank</a> </th> <td>2003 </td> <td>2014, Scotiabank acquires 20% stake </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/w/index.php?title=Jarislowsky_Fraser&amp;action=edit&amp;redlink=1" class="new" title="Jarislowsky Fraser (page does not exist)">Jarislowsky Fraser</a> </th> <td>1955 </td> <td>2018 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Canada" title="Canada"><img alt="Canada" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/23px-Flag_of_Canada_%28Pantone%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/35px-Flag_of_Canada_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Canada_%28Pantone%29.svg/46px-Flag_of_Canada_%28Pantone%29.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/w/index.php?title=MD_Financial_Management&amp;action=edit&amp;redlink=1" class="new" title="MD Financial Management (page does not exist)">MD Financial Management</a> </th> <td>1957 </td> <td>2018 </td></tr> <tr> <th scope="row"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Chile" title="Chile"><img alt="Chile" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/78/Flag_of_Chile.svg/23px-Flag_of_Chile.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/78/Flag_of_Chile.svg/35px-Flag_of_Chile.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/78/Flag_of_Chile.svg/45px-Flag_of_Chile.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/BBVA_Chile" class="mw-redirect" title="BBVA Chile">BBVA Chile</a> </th> <td>1883 </td> <td>2018, Scotiabank acquires 68.19% stake </td></tr></tbody></table> <div class="mw-heading mw-heading2"><h2 id="Operating_units">Operating units</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=6" title="Edit section: Operating units"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Scotiabank has four business lines:<sup id="cite_ref-33" class="reference"><a href="#cite_note-33"><span class="cite-bracket">&#91;</span>33<span class="cite-bracket">&#93;</span></a></sup> </p> <ul><li><b>Canadian Banking</b> provides financial advice and banking to personal and business customers across Canada. Scotiabank also provides an alternative self-directed banking method through <a href="/wiki/Tangerine_Bank" title="Tangerine Bank">Tangerine Bank</a>.</li> <li><b>International Banking</b> provides financial products and advice to retail and commercial customers in select regions outside of Canada, supplemented by additional products and services offered by Global Banking &amp; Markets and Global Wealth &amp; Insurance.</li> <li><b>Global Wealth &amp; Insurance (GWI)</b> combines the Bank's wealth management and insurance operations in Canada and internationally, and Global Transaction Banking. GWI is diversified across geographies and product lines.</li> <li><b>Global Banking &amp; Markets</b>, Scotiabank's wholesale banking and capital markets arm, offers various products and services to corporate, government and institutional investor clients globally.</li></ul> <table class="wikitable" style="text-align:right"> <caption>Financial highlights, by year<sup id="cite_ref-AR2016_34-0" class="reference"><a href="#cite_note-AR2016-34"><span class="cite-bracket">&#91;</span>34<span class="cite-bracket">&#93;</span></a></sup> </caption> <tbody><tr> <th scope="col">Measure </th> <th scope="col">2001 </th> <th scope="col">2002 </th> <th scope="col">2003 </th> <th scope="col">2004 </th> <th scope="col">2005 </th> <th scope="col">2006 </th> <th scope="col">2007 </th> <th scope="col">2008 </th> <th scope="col">2009 </th> <th scope="col">2010 </th> <th scope="col">2011 </th> <th scope="col">2012 </th> <th scope="col">2013 </th> <th scope="col">2014 </th> <th scope="col">2015 </th> <th scope="col">2016 </th> <th scope="col">2017 </th> <th scope="col">2018 </th></tr> <tr> <th scope="row">Revenues, <abbr title="billion">bn</abbr> Can$ </th> <td>10.365</td> <td>10.727</td> <td>10.261</td> <td>10.295</td> <td>10.726</td> <td>11.208</td> <td>12.490</td> <td>11.876</td> <td>14.457</td> <td>15.505</td> <td>17.310</td> <td>19.646</td> <td>21.299</td> <td>23.604</td> <td>24.049</td> <td>26.350</td> <td>27.155</td> <td>28.775 </td></tr> <tr> <th scope="row">Net income, bn $ </th> <td>2.077</td> <td>1.708</td> <td>2.422</td> <td>2.908</td> <td>3.209</td> <td>3.579</td> <td>4.045</td> <td>3.140</td> <td>3.547</td> <td>4.239</td> <td>5.330</td> <td>6.390</td> <td>6.610</td> <td>7.298</td> <td>7.213</td> <td>7.368</td> <td>8.243</td> <td>8.724 </td></tr> <tr> <th scope="row">Assets, bn $ </th> <td>284.4</td> <td>296.4</td> <td>285.9</td> <td>279.2</td> <td>314.0</td> <td>379.0</td> <td>411.5</td> <td>507.6</td> <td>496.5</td> <td>526.7</td> <td>594.4</td> <td>668.2</td> <td>743.6</td> <td>805.7</td> <td>856.5</td> <td>896.3</td> <td>915.3</td> <td>998.5 </td></tr> <tr> <th scope="row">Employees </th> <td>46,804</td> <td>44,633</td> <td>43,986</td> <td>43,928</td> <td>46,631</td> <td>54,199</td> <td>58,113</td> <td>69,049</td> <td>67,802</td> <td>70,772</td> <td>75,362</td> <td>81,497</td> <td>86,690</td> <td>86,932</td> <td>89,214</td> <td>88,901</td> <td>88,645</td> <td>97,629 </td></tr> <tr> <th scope="row">Branches </th> <td>2005</td> <td>1847</td> <td>1850</td> <td>1871</td> <td>1959</td> <td>2191</td> <td>2331</td> <td>2672</td> <td>2686</td> <td>2784</td> <td>2926</td> <td>3123</td> <td>3330</td> <td>3288</td> <td>3177</td> <td>3113</td> <td>3003</td> <td>3,095 </td></tr></tbody></table> <table class="wikitable"> <caption>Senior debt credit ratings (May 2014) </caption> <tbody><tr> <th scope="col">Agency </th> <th scope="col" colspan="2">Rating </th></tr> <tr> <th scope="row">DBRS </th> <td>AA</td> <td>Stable </td></tr> <tr> <th scope="row">Fitch </th> <td>AA-</td> <td>Stable </td></tr> <tr> <th scope="row">Moody's </th> <td>Aa2</td> <td>Stable </td></tr> <tr> <th scope="row">Standard &amp; Poor's </th> <td>A+</td> <td>Stable </td></tr></tbody></table> <div class="mw-heading mw-heading3"><h3 id="Branch_and_office_locations">Branch and office locations</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=7" title="Edit section: Branch and office locations"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading4"><h4 id="Canadian">Canadian</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=8" title="Edit section: Canadian"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Emily_Carr_Branch_Library,_Victoria,_British_Columbia,_Canada_01.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/e/e9/Emily_Carr_Branch_Library%2C_Victoria%2C_British_Columbia%2C_Canada_01.jpg/220px-Emily_Carr_Branch_Library%2C_Victoria%2C_British_Columbia%2C_Canada_01.jpg" decoding="async" width="220" height="153" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/e9/Emily_Carr_Branch_Library%2C_Victoria%2C_British_Columbia%2C_Canada_01.jpg/330px-Emily_Carr_Branch_Library%2C_Victoria%2C_British_Columbia%2C_Canada_01.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/e9/Emily_Carr_Branch_Library%2C_Victoria%2C_British_Columbia%2C_Canada_01.jpg/440px-Emily_Carr_Branch_Library%2C_Victoria%2C_British_Columbia%2C_Canada_01.jpg 2x" data-file-width="5083" data-file-height="3541" /></a><figcaption>A Scotiabank branch next to a public library in <a href="/wiki/Victoria,_British_Columbia" title="Victoria, British Columbia">Victoria</a>, Canada</figcaption></figure> <p>Scotiabank operates branches in all <a href="/wiki/Canadian_provinces_and_territories" class="mw-redirect" title="Canadian provinces and territories">Canadian provinces and territories</a>, except for <a href="/wiki/Nunavut" title="Nunavut">Nunavut</a>. </p> <div class="mw-heading mw-heading4"><h4 id="Global">Global</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=9" title="Edit section: Global"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Holetown_Scotiabank,_Barbados.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/2/21/Holetown_Scotiabank%2C_Barbados.jpg/220px-Holetown_Scotiabank%2C_Barbados.jpg" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/21/Holetown_Scotiabank%2C_Barbados.jpg/330px-Holetown_Scotiabank%2C_Barbados.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/21/Holetown_Scotiabank%2C_Barbados.jpg/440px-Holetown_Scotiabank%2C_Barbados.jpg 2x" data-file-width="1600" data-file-height="1200" /></a><figcaption>A Scotiabank branch in <a href="/wiki/Holetown" title="Holetown">Holetown</a>, Barbados</figcaption></figure> <style data-mw-deduplicate="TemplateStyles:r1184024115">.mw-parser-output .div-col{margin-top:0.3em;column-width:30em}.mw-parser-output .div-col-small{font-size:90%}.mw-parser-output .div-col-rules{column-rule:1px solid #aaa}.mw-parser-output .div-col dl,.mw-parser-output .div-col ol,.mw-parser-output .div-col ul{margin-top:0}.mw-parser-output .div-col li,.mw-parser-output .div-col dd{page-break-inside:avoid;break-inside:avoid-column}</style><div class="div-col" style="column-width: 18em;"> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f6/Flag_of_Aruba.svg/23px-Flag_of_Aruba.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f6/Flag_of_Aruba.svg/35px-Flag_of_Aruba.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f6/Flag_of_Aruba.svg/45px-Flag_of_Aruba.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span>&#160;</span><a href="/wiki/Aruba" title="Aruba">Aruba</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/88/Flag_of_Australia_%28converted%29.svg/23px-Flag_of_Australia_%28converted%29.svg.png" decoding="async" width="23" height="12" class="mw-file-element" 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srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/06/Flag_of_Venezuela.svg/35px-Flag_of_Venezuela.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/06/Flag_of_Venezuela.svg/45px-Flag_of_Venezuela.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span>&#160;</span><a href="/wiki/Venezuela" title="Venezuela">Venezuela</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/21/Flag_of_Vietnam.svg/23px-Flag_of_Vietnam.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/21/Flag_of_Vietnam.svg/35px-Flag_of_Vietnam.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/21/Flag_of_Vietnam.svg/45px-Flag_of_Vietnam.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span>&#160;</span><a href="/wiki/Vietnam" title="Vietnam">Vietnam</a></li></ul> </div> <div class="mw-heading mw-heading2"><h2 id="Controversies">Controversies</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=10" title="Edit section: Controversies"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Major_investor_in_UN-blacklisted_Israeli_bank_and_arms_manufacturer">Major investor in UN-blacklisted Israeli bank and arms manufacturer</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=11" title="Edit section: Major investor in UN-blacklisted Israeli bank and arms manufacturer"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>One of Scotiabank mutual funds is the largest foreign investor of the UNHRC-blacklisted Israeli bank Mizrahi Tefahot Bank,<sup id="cite_ref-35" class="reference"><a href="#cite_note-35"><span class="cite-bracket">&#91;</span>35<span class="cite-bracket">&#93;</span></a></sup> which invests in illegal settlements in Palestinian Territories. The same mutual fund is also heavily invested in the Israeli weapon manufacturer Elbit;<sup id="cite_ref-36" class="reference"><a href="#cite_note-36"><span class="cite-bracket">&#91;</span>36<span class="cite-bracket">&#93;</span></a></sup> . Elbit also provides surveillance system in the West Bank, and has a spying-tool division that has been involved in spying on journalists.<sup id="cite_ref-37" class="reference"><a href="#cite_note-37"><span class="cite-bracket">&#91;</span>37<span class="cite-bracket">&#93;</span></a></sup> </p><p>1832 Asset Management, a division of Scotiabank's Dynamic Fund held 5 per cent of Elbit, valued at about US$440 million, until May 14, 2024 when it disclosed in a regulatory filing that the halved their investments to 2.5 per cent, valued at about US$237.6 million.<sup id="cite_ref-38" class="reference"><a href="#cite_note-38"><span class="cite-bracket">&#91;</span>38<span class="cite-bracket">&#93;</span></a></sup> These investments raises major concerns, for the following reasons: </p> <ul><li>The investments in UN blacklisted bank and arms manufacturer go against Scotiabank's own ESG rules</li> <li>The Dynamic Global Discovery Fund is investing about 12% in just two companies (one UN-blacklisted): excessive and speculative for two smallcap companies <sup id="cite_ref-39" class="reference"><a href="#cite_note-39"><span class="cite-bracket">&#91;</span>39<span class="cite-bracket">&#93;</span></a></sup></li> <li>The fund does not mention in its filings that it is highly speculative, due to fact that its 12% stake are a UN-blacklisted company and a controversial arm manufacturer</li></ul> <div class="mw-heading mw-heading3"><h3 id="Fraud_in_Mexico">Fraud in Mexico</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=12" title="Edit section: Fraud in Mexico"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>A 2001 investigation into the murder of Maru Oropesa, a Scotiabank branch manager in Mexico City, revealed US$14 million missing from the branch. Initially, investigators found that Oropesa and Jaime Ross, her former boss, had illegally transferred US$5 million from client investment accounts. The money was eventually transferred to the United States where it was used to purchase three aircraft. As the investigation continued, officials found an additional $9 million missing and involvement of 16 other bank employees in the fraud.<sup id="cite_ref-fifthestate_40-0" class="reference"><a href="#cite_note-fifthestate-40"><span class="cite-bracket">&#91;</span>40<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-41" class="reference"><a href="#cite_note-41"><span class="cite-bracket">&#91;</span>41<span class="cite-bracket">&#93;</span></a></sup> Ross was convicted of fraud and money laundering for his role and sentenced to 15 years.<sup id="cite_ref-42" class="reference"><a href="#cite_note-42"><span class="cite-bracket">&#91;</span>42<span class="cite-bracket">&#93;</span></a></sup> Scotiabank terminated the other 16 employees, but did not prosecute them.<sup id="cite_ref-fifthestate_40-1" class="reference"><a href="#cite_note-fifthestate-40"><span class="cite-bracket">&#91;</span>40<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Unpaid_overtime_lawsuit">Unpaid overtime lawsuit</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=13" title="Edit section: Unpaid overtime lawsuit"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2014, the bank reached a settlement in a class-action lawsuit that covered thousands of workers owed more than a decade of unpaid overtime. The lawsuit included 16,000 Scotiabank employees across Canada who worked as personal banking officers, senior personal banking officers, financial advisors, and small business account managers from January 1, 2000, to December 1, 2013. The 2007 lawsuit was similar to a class-action filed by <a href="/wiki/Canadian_Imperial_Bank_of_Commerce" title="Canadian Imperial Bank of Commerce">Canadian Imperial Bank of Commerce</a> (CIBC) bank teller Dara Fresco of Toronto. </p><p>Under terms of the settlement, employees received 1.5 times their standard wage at the time, but no interest. Scotiabank also paid legal fees of $10.45 million.<sup id="cite_ref-settlement_43-0" class="reference"><a href="#cite_note-settlement-43"><span class="cite-bracket">&#91;</span>43<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-CTV_44-0" class="reference"><a href="#cite_note-CTV-44"><span class="cite-bracket">&#91;</span>44<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Wrongful_dismissal_lawsuit">Wrongful dismissal lawsuit</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=14" title="Edit section: Wrongful dismissal lawsuit"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In June 2005, David Berry, a very successful Canadian Scotiabank trader who had built a $75 million/year business in trading preferred shares, was fired on the grounds that he had committed securities regulatory violations.<sup id="cite_ref-45" class="reference"><a href="#cite_note-45"><span class="cite-bracket">&#91;</span>45<span class="cite-bracket">&#93;</span></a></sup> At the time, as part of a 20 per cent direct drive deal, he was making more than double the CEO's salary and Scotiabank management had already taken steps to limit his compensation.<sup id="cite_ref-Toronto_Life_46-0" class="reference"><a href="#cite_note-Toronto_Life-46"><span class="cite-bracket">&#91;</span>46<span class="cite-bracket">&#93;</span></a></sup> The regulatory violation allegations from his former employer, left him unemployable to Scotiabank's competitors despite the appeal of potentially adding more than $75 million/year to their equity trading profits.<sup id="cite_ref-Toronto_Life_46-1" class="reference"><a href="#cite_note-Toronto_Life-46"><span class="cite-bracket">&#91;</span>46<span class="cite-bracket">&#93;</span></a></sup> </p><p>Documents delivered to the media showing that Scotiabank management had sought advice on terminating Berry prior to the <a href="/wiki/Investment_Industry_Regulatory_Organization_of_Canada" title="Investment Industry Regulatory Organization of Canada">Investment Industry Regulatory Organization of Canada</a> (IIROC) violation accusation, and the results of questioning during the IIROC inquiries strongly suggest that the securities charges were part of a plan by Scotiabank senior management to remove Berry from his position and simultaneously prevent him from becoming their competitor.<sup id="cite_ref-Fallout_47-0" class="reference"><a href="#cite_note-Fallout-47"><span class="cite-bracket">&#91;</span>47<span class="cite-bracket">&#93;</span></a></sup> </p><p>In a ruling on January 15, 2013, more than seven years after the initial accusation, a hearing panel of the IIROC dismissed all charges against Berry.<sup id="cite_ref-IIROC_Decision_48-0" class="reference"><a href="#cite_note-IIROC_Decision-48"><span class="cite-bracket">&#91;</span>48<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-FP_Street_49-0" class="reference"><a href="#cite_note-FP_Street-49"><span class="cite-bracket">&#91;</span>49<span class="cite-bracket">&#93;</span></a></sup> </p><p>David Berry filed a $100 million <a href="/wiki/Wrongful_dismissal" title="Wrongful dismissal">wrongful dismissal</a> lawsuit against Scotiabank. As of January 2015, and nine years after Berry was terminated, Scotiabank settled with Berry for an undisclosed amount. Barry Critchley, who followed the story since its beginning, wrote an article on November 6, 2014, in which he believes Scotiabank's $55 million reported legal charges would likely be connected to the $100 million lawsuit; but it is unlikely to ever be known.<sup id="cite_ref-Financial_Post_50-0" class="reference"><a href="#cite_note-Financial_Post-50"><span class="cite-bracket">&#91;</span>50<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Closing_political_activists'_accounts"><span id="Closing_political_activists.27_accounts"></span>Closing political activists' accounts</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=15" title="Edit section: Closing political activists&#039; accounts"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In January 2023, the bank closed the account of political activist <a href="/wiki/Jeremy_MacKenzie_(activist)" title="Jeremy MacKenzie (activist)">Jeremy MacKenzie</a> with no reason given and no appeal process.<sup id="cite_ref-51" class="reference"><a href="#cite_note-51"><span class="cite-bracket">&#91;</span>51<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Sponsorship">Sponsorship</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=16" title="Edit section: Sponsorship"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Sports">Sports</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=17" title="Edit section: Sports"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Final_CONCACAF_34.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Final_CONCACAF_34.jpg/170px-Final_CONCACAF_34.jpg" decoding="async" width="170" height="261" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Final_CONCACAF_34.jpg/255px-Final_CONCACAF_34.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Final_CONCACAF_34.jpg/340px-Final_CONCACAF_34.jpg 2x" data-file-width="3238" data-file-height="4980" /></a><figcaption>The <a href="/wiki/CONCACAF_Champions_League" class="mw-redirect" title="CONCACAF Champions League">CONCACAF Champions League</a> trophy. Scotiabank is the title sponsor for the event.</figcaption></figure> <p>Scotiabank is the title sponsor for a number of sports events including the Calgary Marathon, the <a href="/wiki/CONCACAF_Champions_League" class="mw-redirect" title="CONCACAF Champions League">CONCACAF Champions League</a> tournament (since 2015), and the Jewish National Fund's "Pitch for Israel" event. Scotiabank is also the title sponsor for running events that form a part of the Canada Running Series. They include Banque Scotia 21k de Montreal + 10k &amp; 5k in April; Scotiabank Vancouver Half-Marathon &amp; 5k Run/Walk in June; Scotiabank <a href="/wiki/Toronto_Waterfront" class="mw-redirect" title="Toronto Waterfront">Toronto Waterfront</a> Marathon, Half-Marathon &amp; 5k in October; and the Scotiabank Bluenose Marathon.<sup id="cite_ref-52" class="reference"><a href="#cite_note-52"><span class="cite-bracket">&#91;</span>52<span class="cite-bracket">&#93;</span></a></sup> Since 2005, Scotiabank has also been the title sponsor of the CFL playoffs semi-final and conference final games, with games titled as the Scotiabank East Semi-finals and Scotiabank West Semi-finals. This is in addition to being the official financial services provider to the <a href="/wiki/Canadian_Football_League" title="Canadian Football League">Canadian Football League</a>. Scotiabank was also a primary sponsor for Champion Boxer <a href="/wiki/Miguel_Cotto" title="Miguel Cotto">Miguel Cotto</a> during his 2009 bout with <a href="/wiki/Manny_Pacquiao" title="Manny Pacquiao">Manny Pacquiao</a>. </p><p>Scotiabank also sponsors sports leagues and teams, becoming a sponsor for <a href="/wiki/Club_Deportivo_Guadalajara" class="mw-redirect" title="Club Deportivo Guadalajara">Club Deportivo Guadalajara</a> in 2013, and becoming the official sponsor for the <a href="/wiki/Chilean_Primera_Divisi%C3%B3n" title="Chilean Primera División">Chilean Primera División</a> after signing a five-year period contract in 2014. Scotiabank is also the official bank of the <a href="/wiki/National_Hockey_League" title="National Hockey League">National Hockey League</a> and <a href="/wiki/National_Hockey_League_Players%27_Association" title="National Hockey League Players&#39; Association">National Hockey League Players' Association</a>.<sup id="cite_ref-53" class="reference"><a href="#cite_note-53"><span class="cite-bracket">&#91;</span>53<span class="cite-bracket">&#93;</span></a></sup> It was named official bank of the <a href="/wiki/2007_Cricket_World_Cup" title="2007 Cricket World Cup">2007 Cricket World Cup</a>.<sup id="cite_ref-54" class="reference"><a href="#cite_note-54"><span class="cite-bracket">&#91;</span>54<span class="cite-bracket">&#93;</span></a></sup><sup class="noprint Inline-Template" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Verifiability" title="Wikipedia:Verifiability"><span title="The material near this tag failed verification of its source citation(s). (June 2023)">failed verification</span></a></i>&#93;</sup> In 2010, Scotiabank was a sponsor of the World Rally Championship's <a href="/wiki/Corona_Rally_Mexico" class="mw-redirect" title="Corona Rally Mexico">Corona Rally Mexico</a>. Since 2008, Scotiabank has been the official team sponsor of the <a href="/wiki/Canada_national_cricket_team" title="Canada national cricket team">Canadian cricket Team</a> and the title sponsor of National T20 Championship in <a href="/wiki/Cricket_Canada" title="Cricket Canada">Canada</a>. </p><p> Scotiabank is also the official bank of the <a href="/wiki/West_Indies_cricket_team" title="West Indies cricket team">West Indies cricket team</a>.<sup id="cite_ref-55" class="reference"><a href="#cite_note-55"><span class="cite-bracket">&#91;</span>55<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-56" class="reference"><a href="#cite_note-56"><span class="cite-bracket">&#91;</span>56<span class="cite-bracket">&#93;</span></a></sup></p><figure class="mw-default-size mw-halign-left" typeof="mw:File/Thumb"><a href="/wiki/File:Calgary,_September_2015_(66)_(21066808744).jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f9/Calgary%2C_September_2015_%2866%29_%2821066808744%29.jpg/220px-Calgary%2C_September_2015_%2866%29_%2821066808744%29.jpg" decoding="async" width="220" height="147" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f9/Calgary%2C_September_2015_%2866%29_%2821066808744%29.jpg/330px-Calgary%2C_September_2015_%2866%29_%2821066808744%29.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f9/Calgary%2C_September_2015_%2866%29_%2821066808744%29.jpg/440px-Calgary%2C_September_2015_%2866%29_%2821066808744%29.jpg 2x" data-file-width="4608" data-file-height="3072" /></a><figcaption>The <a href="/wiki/Scotiabank_Saddledome" title="Scotiabank Saddledome">Scotiabank Saddledome</a> in <a href="/wiki/Calgary" title="Calgary">Calgary</a>. The bank has held the arena's naming rights since October 2010.</figcaption></figure><p><br /> </p><figure class="mw-default-size mw-halign-left" typeof="mw:File/Thumb"><a href="/wiki/File:Scotiabank_Arena_-_2018_(cropped).jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/5/57/Scotiabank_Arena_-_2018_%28cropped%29.jpg/220px-Scotiabank_Arena_-_2018_%28cropped%29.jpg" decoding="async" width="220" height="139" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/57/Scotiabank_Arena_-_2018_%28cropped%29.jpg/330px-Scotiabank_Arena_-_2018_%28cropped%29.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/57/Scotiabank_Arena_-_2018_%28cropped%29.jpg/440px-Scotiabank_Arena_-_2018_%28cropped%29.jpg 2x" data-file-width="3895" data-file-height="2454" /></a><figcaption>The <a href="/wiki/Scotiabank_Arena" title="Scotiabank Arena">Scotiabank Arena</a> in <a href="/wiki/Toronto" title="Toronto">Toronto</a>. The bank has held the arena's naming rights since July 2018.</figcaption></figure> <p>Scotiabank is also the title sponsor for a number of athletic facilities. They include the <a href="/wiki/Scotiabank_Aquatics_Center" title="Scotiabank Aquatics Center">Scotiabank Aquatics Center</a> in <a href="/wiki/Guadalajara" title="Guadalajara">Guadalajara</a>; <a href="/wiki/Scotiabank_Saddledome" title="Scotiabank Saddledome">Scotiabank Saddledome</a> in <a href="/wiki/Calgary" title="Calgary">Calgary</a> (since October 8, 2010); and the <a href="/wiki/Scotiabank_Centre" title="Scotiabank Centre">Scotiabank Centre</a> in Halifax (since June 25, 2014). The <a href="/wiki/Naming_rights" title="Naming rights">naming rights</a> for the Scotiabank Centre was signed for ten years, with annual fees of $650,000 for said rights.<sup id="cite_ref-57" class="reference"><a href="#cite_note-57"><span class="cite-bracket">&#91;</span>57<span class="cite-bracket">&#93;</span></a></sup> The facility officially opened its doors as the rebranded Scotiabank Centre on September 19, 2014.<sup id="cite_ref-58" class="reference"><a href="#cite_note-58"><span class="cite-bracket">&#91;</span>58<span class="cite-bracket">&#93;</span></a></sup> On August 29, 2017, Scotiabank and <a href="/wiki/Maple_Leaf_Sports_%26_Entertainment" title="Maple Leaf Sports &amp; Entertainment">Maple Leaf Sports &amp; Entertainment</a>, announced that Scotiabank purchased the naming rights to the Air Canada Centre in Toronto for $800 million, a record-setting deal described as "one of the biggest investments in naming rights in North America".<sup id="cite_ref-59" class="reference"><a href="#cite_note-59"><span class="cite-bracket">&#91;</span>59<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-60" class="reference"><a href="#cite_note-60"><span class="cite-bracket">&#91;</span>60<span class="cite-bracket">&#93;</span></a></sup> The multi-sport complex was renamed July 1, 2018, as <a href="/wiki/Scotiabank_Arena" title="Scotiabank Arena">Scotiabank Arena</a>.<sup id="cite_ref-61" class="reference"><a href="#cite_note-61"><span class="cite-bracket">&#91;</span>61<span class="cite-bracket">&#93;</span></a></sup> From 2006 through 2013, Scotiabank held the naming rights to the arena of the <a href="/wiki/Ottawa_Senators" title="Ottawa Senators">Ottawa Senators</a>, branding it <a href="/wiki/Scotiabank_Place" class="mw-redirect" title="Scotiabank Place">Scotiabank Place</a>. <a href="/wiki/Canadian_Tire" title="Canadian Tire">Canadian Tire</a> took over the naming rights for the Senators' arena in June 2013.<sup id="cite_ref-global_62-0" class="reference"><a href="#cite_note-global-62"><span class="cite-bracket">&#91;</span>62<span class="cite-bracket">&#93;</span></a></sup> In 2022, Scotiabank acquired the naming rights to the <a href="/wiki/Hockey_for_All_Centre" title="Hockey for All Centre">Bell MTS Iceplex</a> near Winnipeg; rather than use the Scotiabank name, the facility is instead branded as Hockey for All Centre, as an extension of a diversity and inclusion campaign of the same name.<sup id="cite_ref-63" class="reference"><a href="#cite_note-63"><span class="cite-bracket">&#91;</span>63<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-64" class="reference"><a href="#cite_note-64"><span class="cite-bracket">&#91;</span>64<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Culture">Culture</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=18" title="Edit section: Culture"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Scotiabank has been a title sponsor for a number of cultural events and institutions in Canada. In 2005, Scotiabank became title sponsor of the <a href="/wiki/Giller_Prize" title="Giller Prize">Giller Prize</a>.<sup id="cite_ref-Giller_65-0" class="reference"><a href="#cite_note-Giller-65"><span class="cite-bracket">&#91;</span>65<span class="cite-bracket">&#93;</span></a></sup> From 2006 to 2015, Scotiabank was the title sponsor for the <a href="/wiki/Nuit_Blanche" title="Nuit Blanche">Nuit Blanche</a> event in Toronto.<sup id="cite_ref-support_66-0" class="reference"><a href="#cite_note-support-66"><span class="cite-bracket">&#91;</span>66<span class="cite-bracket">&#93;</span></a></sup> In 2008, Scotiabank announced a two-year sponsorship of Toronto's Caribana which would be rebranded as <a href="/wiki/Scotiabank_Caribbean_Carnival_Toronto" class="mw-redirect" title="Scotiabank Caribbean Carnival Toronto">Scotiabank Caribbean Carnival Toronto</a>. The sponsorship of the Caribbean festival was extended until 2015, when the partnership with the festival ended.<sup id="cite_ref-support_66-1" class="reference"><a href="#cite_note-support-66"><span class="cite-bracket">&#91;</span>66<span class="cite-bracket">&#93;</span></a></sup> In 2016 Scotiabank held its first hackathon with the goal of solving Canadian debt. </p> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Scotiabank_Theatre_St._John%E2%80%99s.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/68/Scotiabank_Theatre_St._John%E2%80%99s.jpg/220px-Scotiabank_Theatre_St._John%E2%80%99s.jpg" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/68/Scotiabank_Theatre_St._John%E2%80%99s.jpg/330px-Scotiabank_Theatre_St._John%E2%80%99s.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/68/Scotiabank_Theatre_St._John%E2%80%99s.jpg/440px-Scotiabank_Theatre_St._John%E2%80%99s.jpg 2x" data-file-width="4032" data-file-height="3024" /></a><figcaption>Several <a href="/wiki/Cineplex_Entertainment" title="Cineplex Entertainment">Cineplex Entertainment</a> theatres have been branded as "Scotiabank Theatre" since 2007.</figcaption></figure> <p>Scotiabank and Canadian theatre operator <a href="/wiki/Cineplex_Entertainment" title="Cineplex Entertainment">Cineplex Entertainment</a> partnered in 2007 to create a loyalty rewards program called <a href="/wiki/Scene%2B" title="Scene+">Scene+</a>. The program allows patrons to sign up for a special card that grants them points which can be redeemed for free movies or concession discounts. Scotiabank customers can also request a debit card which gives them points when used, and a Visa credit card was launched in early May. Five Cineplex Entertainment locations were also rebranded as "Scotiabank Theatres." In 2015, the two companies announced they extended the partnership through October 31, 2025, and would expand naming rebrand another five theatres as Scotiabank Theatres.<sup id="cite_ref-67" class="reference"><a href="#cite_note-67"><span class="cite-bracket">&#91;</span>67<span class="cite-bracket">&#93;</span></a></sup> On December 14, 2021, the new <a href="/wiki/Scene%2B" title="Scene+">Scene+</a> program was launched. It merged Scene and Scotia Rewards points.<sup id="cite_ref-68" class="reference"><a href="#cite_note-68"><span class="cite-bracket">&#91;</span>68<span class="cite-bracket">&#93;</span></a></sup> </p><p>Scotiabank is also the title sponsor for two post-secondary facilities in Canada, including Scotiabank Hall at <a href="/wiki/Brock_University" title="Brock University">Brock University</a> in <a href="/wiki/St._Catharines,_Ontario" class="mw-redirect" title="St. Catharines, Ontario">St. Catharines</a>;<sup id="cite_ref-Brock_69-0" class="reference"><a href="#cite_note-Brock-69"><span class="cite-bracket">&#91;</span>69<span class="cite-bracket">&#93;</span></a></sup> and Scotiabank Hall in the Marion McCain Arts and Social Sciences Building at <a href="/wiki/Dalhousie_University" title="Dalhousie University">Dalhousie University</a> in <a href="/wiki/Halifax,_Nova_Scotia" title="Halifax, Nova Scotia">Halifax</a>.<sup id="cite_ref-2003pac_70-0" class="reference"><a href="#cite_note-2003pac-70"><span class="cite-bracket">&#91;</span>70<span class="cite-bracket">&#93;</span></a></sup> Scotiabank has also established an industry partnership with the <a href="/wiki/University_of_Waterloo_Stratford_Campus" class="mw-redirect" title="University of Waterloo Stratford Campus">University of Waterloo Stratford Campus</a>.<sup id="cite_ref-71" class="reference"><a href="#cite_note-71"><span class="cite-bracket">&#91;</span>71<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Awards">Awards</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=19" title="Edit section: Awards"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>2005 – "Bank of the Year" – For <a href="/wiki/Mexico" title="Mexico">Mexico</a>, the Caribbean and in <a href="/wiki/Jamaica" title="Jamaica">Jamaica</a> by <a href="/wiki/LatinFinance" title="LatinFinance">LatinFinance</a>.<sup id="cite_ref-72" class="reference"><a href="#cite_note-72"><span class="cite-bracket">&#91;</span>72<span class="cite-bracket">&#93;</span></a></sup></li> <li>2007 – "Bank of the Year" <i>The Banker</i> – London England, Scotiabank Trinidad and Tobago, Scotiabank Belize, Scotiabank Turks and Caicos</li> <li>2008 – "Bank of the Year" <i>The Banker</i> – London England, Scotiabank Barbados, Scotiabank Trinidad and Tobago, Scotiabank Guyana, Scotiabank Turks and Caicos</li> <li>2009 – "Bank of the Year" <i>The Banker</i> – London England, Scotiabank Canada, Scotiabank Barbados, Scotiabank Dominican Republic, Scotiabank Trinidad and Tobago, Scotiabank Turks and Caicos</li> <li>2010 – "Bank of the Year" <i><a href="/wiki/The_Banker_(journal)" class="mw-redirect" title="The Banker (journal)">The Banker</a></i> – London England, Scotiabank Barbados, Scotiabank Trinidad and Tobago, Scotiabank Turks and Caicos</li> <li>2011 – "Best Emerging Market Bank" <i>Global Finance</i> Magazine – New York, Scotiabank Jamaica, Scotiabank Barbados, Scotiabank Costa Rica, Scotiabank Turks and Caicos.<sup id="cite_ref-73" class="reference"><a href="#cite_note-73"><span class="cite-bracket">&#91;</span>73<span class="cite-bracket">&#93;</span></a></sup></li> <li>2012 - "Global Bank of the Year" <i>The Banker</i> "Bank of the Year" for the Americas, Antigua, Barbados, Belize, British Virgin Islands, Canada and Turks and Caicos.<sup id="cite_ref-74" class="reference"><a href="#cite_note-74"><span class="cite-bracket">&#91;</span>74<span class="cite-bracket">&#93;</span></a></sup></li> <li>2013 – "Bank of the Year" in British Virgin Islands, Canada, Guyana, Jamaica and Trinidad and Tobago by <i>The Banker</i>.<sup id="cite_ref-75" class="reference"><a href="#cite_note-75"><span class="cite-bracket">&#91;</span>75<span class="cite-bracket">&#93;</span></a></sup></li> <li>2014 – "Best Emerging Market Bank in Latin America" <i>Global Finance</i> Magazine in Jamaica, Barbados, Trinidad &amp; Tobago, Turks and Caicos and U.S. Virgin Islands.<sup id="cite_ref-76" class="reference"><a href="#cite_note-76"><span class="cite-bracket">&#91;</span>76<span class="cite-bracket">&#93;</span></a></sup></li></ul> <div class="mw-heading mw-heading2"><h2 id="Membership">Membership</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=20" title="Edit section: Membership"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Scotiabank is a member of the <a href="/wiki/Canadian_Bankers_Association" title="Canadian Bankers Association">Canadian Bankers Association</a> (CBA) and registered member with the <a href="/wiki/Canada_Deposit_Insurance_Corporation" title="Canada Deposit Insurance Corporation">Canada Deposit Insurance Corporation</a> (CDIC), a federal agency insuring deposits at all of Canada's chartered banks. It is also a member of the <a href="/wiki/Global_ATM_Alliance" title="Global ATM Alliance">Global ATM Alliance</a>, a joint venture of several major international banks that allows customers of the banks to use their <a href="/wiki/Automated_teller_machine" class="mw-redirect" title="Automated teller machine">ATM</a> cards or <a href="/wiki/Debit_card" title="Debit card">check cards</a> at certain other banks within the Global ATM Alliance without fees when traveling internationally. Other participating banks are <a href="/wiki/Barclays" title="Barclays">Barclays</a> (United Kingdom), <a href="/wiki/Bank_of_America" title="Bank of America">Bank of America</a> (United States), <a href="/wiki/BNP_Paribas" title="BNP Paribas">BNP Paribas</a> (France and <a href="/wiki/Ukraine" title="Ukraine">Ukraine</a> through <a href="/wiki/UkrSibbank" class="mw-redirect" title="UkrSibbank">UkrSibbank</a>), <a href="/wiki/Deutsche_Bank" title="Deutsche Bank">Deutsche Bank</a> (Germany), and <a href="/wiki/Westpac" title="Westpac">Westpac</a> (Australia and New Zealand).<sup id="cite_ref-SB_GATMA_77-0" class="reference"><a href="#cite_note-SB_GATMA-77"><span class="cite-bracket">&#91;</span>77<span class="cite-bracket">&#93;</span></a></sup> Other international associations of which the bank is a member include: </p> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1184024115"><div class="div-col"> <ul><li><a href="/wiki/American_Express" title="American Express">Amex</a> in Canadian markets</li> <li><a href="/wiki/CarIFS" title="CarIFS">CarIFS</a> ATM Network</li> <li><a href="/wiki/Global_ATM_Alliance" title="Global ATM Alliance">Global ATM Alliance</a></li> <li><a href="/wiki/Interac" title="Interac">Interac</a></li> <li><a href="/w/index.php?title=MAGNA_Rewards&amp;action=edit&amp;redlink=1" class="new" title="MAGNA Rewards (page does not exist)">MAGNA Rewards</a> as part of the Scotiabank MAGNA MasterCard.</li> <li><a href="/wiki/MasterCard" class="mw-redirect" title="MasterCard">MasterCard</a> in the Caribbean markets</li> <li><a href="/w/index.php?title=MultiLink_Network&amp;action=edit&amp;redlink=1" class="new" title="MultiLink Network (page does not exist)">MultiLink Network</a> ATM network<sup id="cite_ref-78" class="reference"><a href="#cite_note-78"><span class="cite-bracket">&#91;</span>78<span class="cite-bracket">&#93;</span></a></sup></li> <li><a href="/wiki/NYCE" title="NYCE">NYCE</a> ATM Network</li> <li><a href="/wiki/Plus_Network" class="mw-redirect" title="Plus Network">Plus Network</a> for VISA card users</li> <li><a href="/wiki/VISA_(credit_card)" class="mw-redirect" title="VISA (credit card)">VISA</a> International</li> <li><a href="/wiki/United_Nations_Environment_Programme_Finance_Initiative" title="United Nations Environment Programme Finance Initiative">UNEPFI</a> as part of the Net Zero Banking Alliance initiative</li></ul> </div> <div class="mw-heading mw-heading2"><h2 id="Leadership">Leadership</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=21" title="Edit section: Leadership"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="President">President</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=22" title="Edit section: President"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ol><li><a href="/wiki/William_Lawson_(banker)" title="William Lawson (banker)">William Lawson</a>, 1832–1837</li> <li><a href="/wiki/Mather_Byles_Almon" title="Mather Byles Almon">Mather Byles Almon</a>, 1837–1870</li> <li>James Donaldson, 1870–1871</li> <li>John Doull, 1871–1872</li> <li><a href="/wiki/Andrew_Mitchell_Uniacke" title="Andrew Mitchell Uniacke">Andrew Mitchell Uniacke</a>, 1872–1874</li> <li>John S. Maclean, 1874–1889</li> <li>John Doull, 1889–1899</li> <li>Jarius Hart, 1899</li> <li>John Young Payzant, 1899–1918</li> <li>Charles Archibald, 1918–1923</li> <li><a href="/wiki/George_S._Campbell" title="George S. Campbell">George Stewart Campbell</a>, 1923–1927</li> <li><a href="/wiki/Samuel_J._Moore" title="Samuel J. Moore">Samuel John Moore</a>, 1927–1934</li> <li><a href="/wiki/John_Andrew_McLeod" title="John Andrew McLeod">John Andrew McLeod</a>, 1934–1945</li> <li><a href="/wiki/Herbert_D._Burns" title="Herbert D. Burns">Herbert Deschamps Burns</a>, 1945–1949</li> <li><a href="/wiki/Horace_L._Enman" title="Horace L. Enman">Horace Luttrell Enman</a>, 1949–1956</li> <li><a href="/wiki/C._Sydney_Frost" title="C. Sydney Frost">Charles Sydney Frost</a>, 1956–1958</li> <li>Frank William Nicks, 1958–1970</li> <li><a href="/wiki/Arthur_Holmes_Crockett" title="Arthur Holmes Crockett">Arthur Holmes Crockett</a>, 1970–1972</li> <li><a href="/wiki/Cedric_Ritchie" title="Cedric Ritchie">Cedric Elmer Ritchie</a>, 1972–1979</li> <li><a href="/wiki/J._A._Gordon_Bell" title="J. A. Gordon Bell">John Alexander Gordon Bell</a>, 1979–1992</li> <li><a href="/wiki/Peter_Godsoe" title="Peter Godsoe">Peter Cowperthwaite Godsoe</a>, 1992–2003</li> <li><a href="/wiki/Richard_E._Waugh" title="Richard E. Waugh">Richard Earl Waugh</a>, 2003–2013</li> <li><a href="/wiki/Brian_J._Porter" title="Brian J. Porter">Brian Johnston Porter</a>, 2013–2022</li> <li><a href="/wiki/L._Scott_Thomson" title="L. Scott Thomson">Lawren Scott Thomson</a>, 2022–</li></ol> <div class="mw-heading mw-heading3"><h3 id="Chairman_of_the_Board">Chairman of the Board</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=23" title="Edit section: Chairman of the Board"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ol><li><a href="/wiki/Samuel_J._Moore" title="Samuel J. Moore">Samuel John Moore</a>, 1933–1945</li> <li><a href="/wiki/John_Andrew_McLeod" title="John Andrew McLeod">John Andrew McLeod</a>, 1945–1946</li> <li><a href="/wiki/Herbert_D._Burns" title="Herbert D. Burns">Herbert Deschamps Burns</a>, 1949–1955</li> <li><a href="/wiki/Horace_L._Enman" title="Horace L. Enman">Horace Luttrell Enman</a>, 1955–1959</li> <li>Frank William Nicks, 1962–1972</li> <li>Thomas Albert Boyles, 1972–1974</li> <li><a href="/wiki/Cedric_Ritchie" title="Cedric Ritchie">Cedric Elmer Ritchie</a>, 1974–1995</li> <li><a href="/wiki/Peter_Godsoe" title="Peter Godsoe">Peter Cowperthwaite Godsoe</a>, 1995–2004</li> <li><a href="/wiki/Arthur_Scace" title="Arthur Scace">Arthur Richard Andrew Scace</a>, 2004–2009</li> <li>John Thomas Mayberry, 2009–2014</li> <li>Thomas Charles O'Neill, 2014–2019</li> <li><a href="/wiki/Aaron_Regent" title="Aaron Regent">Aaron William Regent</a>, 2019–</li></ol> <div class="mw-heading mw-heading3"><h3 id="Chief_Executive_Officer">Chief Executive Officer</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=24" title="Edit section: Chief Executive Officer"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ol><li><a href="/wiki/F._William_Nicks" class="mw-redirect" title="F. William Nicks">Frank William Nicks</a>, December 1958 – 4 January 1972</li> <li>Thomas Albert Boyles, 4 January 1972 – December 1972</li> <li><a href="/wiki/Cedric_Ritchie" title="Cedric Ritchie">Cedric Elmer Ritchie</a>, December 1972 – 19 January 1993</li> <li><a href="/wiki/Peter_Godsoe" title="Peter Godsoe">Peter Cowperthwaite Godsoe</a>, 19 January 1993 – 1 December 2003</li> <li><a href="/wiki/Richard_E._Waugh" title="Richard E. Waugh">Richard Earl Waugh</a>, 2 December 2003 – 31 October 2013</li> <li><a href="/wiki/Brian_J._Porter" title="Brian J. Porter">Brian Johnston Porter</a>, 1 November 2013 – 31 January 2023</li> <li><a href="/wiki/L._Scott_Thomson" title="L. Scott Thomson">Lawren Scott Thomson</a>, 1 February 2023 –</li></ol> <div class="mw-heading mw-heading2"><h2 id="Bank_histories">Bank histories</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=25" title="Edit section: Bank histories"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><i><a href="//archive.org/details/cu31924030196954" class="extiw" title="iarchive:cu31924030196954">History of the Bank of Nova Scotia, 1832–1900</a></i>.</li> <li><i><a href="//archive.org/details/bankofnovascotia0000bank" class="extiw" title="iarchive:bankofnovascotia0000bank">The Bank of Nova Scotia, 1832–1932</a></i>.</li> <li>Schull, Joseph, and J. Douglas Gibson. <i><a href="//archive.org/details/scotiabankstoryh0000schu" class="extiw" title="iarchive:scotiabankstoryh0000schu">The Scotiabank Story: A History of the Bank of Nova Scotia, 1832–1982</a></i>. Macmillan of Canada, 1982.</li></ul> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=26" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239009302">.mw-parser-output .portalbox{padding:0;margin:0.5em 0;display:table;box-sizing:border-box;max-width:175px;list-style:none}.mw-parser-output .portalborder{border:1px solid var(--border-color-base,#a2a9b1);padding:0.1em;background:var(--background-color-neutral-subtle,#f8f9fa)}.mw-parser-output .portalbox-entry{display:table-row;font-size:85%;line-height:110%;height:1.9em;font-style:italic;font-weight:bold}.mw-parser-output .portalbox-image{display:table-cell;padding:0.2em;vertical-align:middle;text-align:center}.mw-parser-output .portalbox-link{display:table-cell;padding:0.2em 0.2em 0.2em 0.3em;vertical-align:middle}@media(min-width:720px){.mw-parser-output .portalleft{clear:left;float:left;margin:0.5em 1em 0.5em 0}.mw-parser-output .portalright{clear:right;float:right;margin:0.5em 0 0.5em 1em}}</style><ul role="navigation" aria-label="Portals" class="noprint portalbox portalborder portalright"> <li class="portalbox-entry"><span class="portalbox-image"><span class="noviewer" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/2a/Industry5.svg/28px-Industry5.svg.png" decoding="async" width="28" height="28" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/2a/Industry5.svg/42px-Industry5.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/2a/Industry5.svg/56px-Industry5.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span></span><span class="portalbox-link"><a href="/wiki/Portal:Companies" title="Portal:Companies">Companies portal</a></span></li><li class="portalbox-entry"><span class="portalbox-image"><span class="noviewer" typeof="mw:File"><span><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9d/All-currency-symbol.svg/28px-All-currency-symbol.svg.png" decoding="async" width="28" height="28" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9d/All-currency-symbol.svg/42px-All-currency-symbol.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9d/All-currency-symbol.svg/56px-All-currency-symbol.svg.png 2x" data-file-width="54" data-file-height="54" /></span></span></span><span class="portalbox-link"><a href="/wiki/Portal:Banks" title="Portal:Banks">Banks portal</a></span></li></ul> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1184024115"><div class="div-col" style="column-width: 23em;"> <ul><li><a href="/wiki/Big_Five_banks_of_Canada" title="Big Five banks of Canada">Big Five banks of Canada</a></li> <li><a href="/wiki/List_of_largest_banks" title="List of largest banks">List of largest banks</a></li> <li><a href="/wiki/List_of_banks_and_credit_unions_in_Canada" title="List of banks and credit unions in Canada">List of banks and credit unions in Canada</a></li> <li><a href="/wiki/List_of_banks_in_the_Americas" title="List of banks in the Americas">List of banks in the Americas</a></li> <li><a href="/wiki/Scotia" title="Scotia">Scotia</a></li> <li><a href="/wiki/Scotia_Place" title="Scotia Place">Scotia Place</a></li> <li><a href="/wiki/Scotia_Plaza" title="Scotia Plaza">Scotia Plaza</a></li> <li><a href="/wiki/ScotiaLife_Financial" title="ScotiaLife Financial">ScotiaLife Financial</a></li> <li><a href="/wiki/Scottish-Canadian" class="mw-redirect" title="Scottish-Canadian">Scottish-Canadian</a></li> <li><a href="/wiki/Scotiabank_Arena" title="Scotiabank Arena">Scotiabank Arena</a></li> <li><a href="/wiki/Scotiabank_Centre" title="Scotiabank Centre">Scotiabank Centre</a></li> <li><a href="/wiki/Scotiabank_Saddledome" title="Scotiabank Saddledome">Scotiabank Saddledome</a></li> <li><a href="/wiki/John_P._Webster" title="John P. Webster">John P. Webster</a></li></ul> </div> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Scotiabank&amp;action=edit&amp;section=27" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-HeadOffice-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-HeadOffice_1-0">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.scotiabank.com/content/dam/scotiabank/corporate/quarterly-reports/2022/q4/Annual_Report_2022_EN.pdf">"Scotiabank 2023 Annual Report - English"</a> <span class="cs1-format">(PDF)</span>. <i>Scotiabank</i><span class="reference-accessdate">. Retrieved <span class="nowrap">November 3,</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=Scotiabank&amp;rft.atitle=Scotiabank+2023+Annual+Report+-+English&amp;rft_id=https%3A%2F%2Fwww.scotiabank.com%2Fcontent%2Fdam%2Fscotiabank%2Fcorporate%2Fquarterly-reports%2F2022%2Fq4%2FAnnual_Report_2022_EN.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AScotiabank" class="Z3988"></span></span> </li> <li id="cite_note-Financials-2"><span class="mw-cite-backlink">^ <a href="#cite_ref-Financials_2-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Financials_2-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-Financials_2-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-Financials_2-3"><sup><i><b>d</b></i></sup></a> <a href="#cite_ref-Financials_2-4"><sup><i><b>e</b></i></sup></a> <a href="#cite_ref-Financials_2-5"><sup><i><b>f</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.scotiabank.com/content/dam/scotiabank/corporate/quarterly-reports/2023/q4/Q423_Quarterly_Press_Release-EN.pdf">"Scotiabank Fourth Quarter Release"</a> <span class="cs1-format">(PDF)</span>. <i>Investor Relations</i>. 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.navbox-abovebelow,.mw-parser-output .navbox-group,.mw-parser-output .navbox-subgroup .navbox-title{background-color:#ddf}.mw-parser-output .navbox-subgroup .navbox-group,.mw-parser-output .navbox-subgroup .navbox-abovebelow{background-color:#e6e6ff}.mw-parser-output .navbox-even{background-color:#f7f7f7}.mw-parser-output .navbox-odd{background-color:transparent}.mw-parser-output .navbox .hlist td dl,.mw-parser-output .navbox .hlist td ol,.mw-parser-output .navbox .hlist td ul,.mw-parser-output .navbox td.hlist dl,.mw-parser-output .navbox td.hlist ol,.mw-parser-output .navbox td.hlist ul{padding:0.125em 0}.mw-parser-output .navbox .navbar{display:block;font-size:100%}.mw-parser-output .navbox-title .navbar{float:left;text-align:left;margin-right:0.5em}body.skin--responsive .mw-parser-output .navbox-image img{max-width:none!important}@media print{body.ns-0 .mw-parser-output .navbox{display:none!important}}</style></div><div role="navigation" class="navbox" aria-labelledby="Scotiabank" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Bank_of_Nova_Scotia" title="Template:Bank of Nova Scotia"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Bank_of_Nova_Scotia" title="Template talk:Bank of Nova Scotia"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Bank_of_Nova_Scotia" title="Special:EditPage/Template:Bank of Nova Scotia"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Scotiabank" style="font-size:114%;margin:0 4em"><a class="mw-selflink selflink">Scotiabank</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Retail banks</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a class="mw-selflink selflink">Scotiabank</a> (Canada)</li> <li><a href="/wiki/Tangerine_Bank" title="Tangerine Bank">Tangerine</a> (Canada)</li> <li><a class="mw-selflink selflink">Scotiabank International</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Insurance</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/ScotiaLife_Financial" title="ScotiaLife Financial">ScotiaLife Financial</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Reward programs</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Scene%2B" title="Scene+">Scene+</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former divisions</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/ScotiaMocatta" title="ScotiaMocatta">ScotiaMocatta</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Sponsorship</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Scotiabank_Arena" title="Scotiabank Arena">Scotiabank Arena</a></li> <li><a href="/wiki/Scotiabank_Centre" title="Scotiabank Centre">Scotiabank Centre</a></li> <li><a href="/wiki/Scotiabank_Saddledome" title="Scotiabank Saddledome">Scotiabank Saddledome</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Buildings</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Scotia_Plaza" title="Scotia Plaza">Scotia Plaza</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Acquisitions</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bank_of_Ottawa" title="Bank of Ottawa">Bank of Ottawa</a></li> <li><a href="/wiki/Montreal_Trust_Company" title="Montreal Trust Company">Montreal Trust Company</a></li> <li><a href="/wiki/National_Trust_Company" class="mw-redirect" title="National Trust Company">National Trust Company</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Banks_and_credit_unions_in_Canada" style="padding:3px"><table class="nowraplinks mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Canadian_banks" title="Template:Canadian banks"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Canadian_banks" title="Template talk:Canadian banks"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Canadian_banks" title="Special:EditPage/Template:Canadian banks"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Banks_and_credit_unions_in_Canada" style="font-size:114%;margin:0 4em"><a href="/wiki/List_of_banks_and_credit_unions_in_Canada" title="List of banks and credit unions in Canada">Banks and credit unions in Canada</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Banks" style="font-size:114%;margin:0 4em"><a href="/wiki/Banking_in_Canada" title="Banking in Canada">Banks</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Big_Five_banks_of_Canada" title="Big Five banks of Canada">Big Five</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bank_of_Montreal" title="Bank of Montreal">Bank of Montreal</a></li> <li><a href="/wiki/Canadian_Imperial_Bank_of_Commerce" title="Canadian Imperial Bank of Commerce">Canadian Imperial Bank of Commerce</a> <ul><li><a href="/wiki/Simplii_Financial" title="Simplii Financial">Simplii Financial</a></li></ul></li> <li><a href="/wiki/Royal_Bank_of_Canada" title="Royal Bank of Canada">Royal Bank of Canada</a> (<a href="/wiki/HSBC_Bank_Canada" title="HSBC Bank Canada">HSBC Bank Canada</a>)</li> <li><a class="mw-selflink selflink">Scotiabank</a> <ul><li><a href="/wiki/Tangerine_Bank" title="Tangerine Bank">Tangerine</a></li></ul></li> <li><a href="/wiki/Toronto-Dominion_Bank" title="Toronto-Dominion Bank">Toronto-Dominion Bank</a> (<a href="/wiki/TD_Canada_Trust" title="TD Canada Trust">TD Canada Trust</a>)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other banks</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Alterna_Bank" title="Alterna Bank">Alterna Bank</a></li> <li><a href="/wiki/American_Express" title="American Express">AMEX Bank of Canada</a></li> <li><a href="/wiki/Bank_of_China#Canada" title="Bank of China">Bank of China (Canada)</a></li> <li><a href="/wiki/Canadian_Tire_Financial_Services" title="Canadian Tire Financial Services">Canadian Tire Bank</a></li> <li><a href="/wiki/Canadian_Western_Bank" title="Canadian Western Bank">Canadian Western Bank</a> <ul><li><a href="/wiki/Motive_Financial" class="mw-redirect" title="Motive Financial">Motive Financial</a></li></ul></li> <li><a href="/wiki/Citibank_Canada" title="Citibank Canada">Citibank Canada</a></li> <li><a href="/wiki/Equitable_Bank" title="Equitable Bank">Equitable Bank</a></li> <li><a href="/wiki/Exchange_Bank_of_Canada" title="Exchange Bank of Canada">Exchange Bank of Canada</a></li> <li><a href="/wiki/First_Nations_Bank_of_Canada" title="First Nations Bank of Canada">First Nations Bank of Canada</a></li> <li><a href="/wiki/ICICI_Bank#ICICI_Bank_Canada" title="ICICI Bank">ICICI Bank Canada</a></li> <li><a href="/wiki/Laurentian_Bank_of_Canada" title="Laurentian Bank of Canada">Laurentian Bank of Canada</a></li> <li><a href="/wiki/Manulife_Bank_of_Canada" title="Manulife Bank of Canada">Manulife Bank of Canada</a></li> <li><a href="/wiki/Meridian_Credit_Union" title="Meridian Credit Union">Motusbank</a></li> <li><a href="/wiki/National_Bank_of_Canada" title="National Bank of Canada">National Bank of Canada</a></li> <li><a href="/wiki/Peoples_Group" title="Peoples Group">Peoples Bank of Canada</a></li> <li><a href="/wiki/President%27s_Choice_Financial" title="President&#39;s Choice Financial">President's Choice Bank</a></li> <li><a href="/wiki/Vancity" title="Vancity">Vancity Community Investment Bank</a></li> <li><a href="/wiki/VersaBank" title="VersaBank">VersaBank</a></li> <li><a href="/wiki/Wealth_One_Bank_of_Canada" title="Wealth One Bank of Canada">Wealth One Bank of Canada</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Credit_unions" style="font-size:114%;margin:0 4em"><a href="/wiki/Credit_unions_in_Canada" title="Credit unions in Canada">Credit unions</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Federal credit unions</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Coast_Capital_Savings" title="Coast Capital Savings">Coast Capital Savings</a></li> <li><a href="/wiki/Innovation_Credit_Union" class="mw-redirect" title="Innovation Credit Union">Innovation</a></li> <li><a href="/wiki/UNI_Financial_Cooperation" title="UNI Financial Cooperation">UNI Financial Cooperation</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Provincial credit unions</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">British Columbia</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/BlueShore_Financial" title="BlueShore Financial">BlueShore Financial</a></li> <li><a href="/wiki/First_West_Credit_Union" title="First West Credit Union">First West</a> <ul><li><a href="/wiki/Envision_Financial" title="Envision Financial">Envision Financial</a></li> <li><a href="/wiki/Island_Savings" title="Island Savings">Island Savings</a></li> <li><a href="/wiki/Valley_First" title="Valley First">Valley First</a></li></ul></li> <li><a href="/wiki/Gulf_%26_Fraser" title="Gulf &amp; Fraser">Gulf &amp; Fraser</a></li> <li><a href="/wiki/Prospera_Credit_Union" title="Prospera Credit Union">Prospera</a></li> <li><a href="/wiki/Vancity" title="Vancity">Vancity</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Prairies</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Access_Credit_Union" title="Access Credit Union">Access</a></li> <li><a href="/wiki/Affinity_Credit_Union" title="Affinity Credit Union">Affinity</a></li> <li><a href="/wiki/Assiniboine_Credit_Union" title="Assiniboine Credit Union">Assiniboine</a></li> <li><a href="/wiki/Cambrian_Credit_Union" title="Cambrian Credit Union">Cambrian</a></li> <li><a href="/wiki/Conexus_Credit_Union" title="Conexus Credit Union">Conexus</a></li> <li><a href="/wiki/ConnectFirst_Credit_Union" title="ConnectFirst Credit Union">ConnectFirst</a></li> <li><a href="/wiki/Servus_Credit_Union" title="Servus Credit Union">Servus</a></li> <li><a href="/wiki/Steinbach_Credit_Union" title="Steinbach Credit Union">Steinbach</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Eastern Canada</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Alterna_Savings" title="Alterna Savings">Alterna Savings</a> <ul><li><a href="/wiki/Pace_Savings_%26_Credit_Union" title="Pace Savings &amp; Credit Union">Pace</a></li></ul></li> <li><a href="/wiki/Desjardins_Group" title="Desjardins Group">Desjardins Group</a></li> <li><a href="/wiki/Desjardins_Ontario_Credit_Union" title="Desjardins Ontario Credit Union">Desjardins Ontario</a></li> <li><a href="/wiki/DUCA_Credit_Union" title="DUCA Credit Union">DUCA</a></li> <li><a href="/wiki/Libro_Credit_Union" title="Libro Credit Union">Libro</a></li> <li><a href="/wiki/Meridian_Credit_Union" title="Meridian Credit Union">Meridian</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Other_financial_institutions" style="font-size:114%;margin:0 4em">Other financial institutions</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Federal financial institutions</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Business_Development_Bank_of_Canada" title="Business Development Bank of Canada">Business Development Bank of Canada</a></li> <li><a href="/wiki/Canada_Mortgage_and_Housing_Corporation" title="Canada Mortgage and Housing Corporation">Canada Mortgage and Housing Corporation</a></li> <li><a href="/wiki/Farm_Credit_Canada" title="Farm Credit Canada">Farm Credit Canada</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Provincial financial institutions</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/ATB_Financial" title="ATB Financial">ATB Financial</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Deposit insurance &amp; regulation</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Canada_Deposit_Insurance_Corporation" title="Canada Deposit Insurance Corporation">Canada Deposit Insurance Corporation</a></li> <li><a href="/wiki/Financial_Services_Regulatory_Authority_of_Ontario" title="Financial Services Regulatory Authority of Ontario">Financial Services Regulatory Authority of Ontario</a></li> <li><a href="/wiki/Office_of_the_Superintendent_of_Financial_Institutions" title="Office of the Superintendent of Financial Institutions">Office of the Superintendent of Financial Institutions</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Banks_of_Mexico" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Mexican_banks" title="Template:Mexican banks"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Mexican_banks" title="Template talk:Mexican banks"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Mexican_banks" title="Special:EditPage/Template:Mexican banks"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Banks_of_Mexico" style="font-size:114%;margin:0 4em"><a href="/wiki/List_of_banks_in_Mexico" title="List of banks in Mexico">Banks of Mexico</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Central_bank" title="Central bank">Central bank</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bank_of_Mexico" title="Bank of Mexico">Bank of Mexico</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Development banks</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bancomext" title="Bancomext">Bancomext</a></li> <li><a href="/wiki/Banobras" title="Banobras">Banobras</a></li> <li><a href="/wiki/Banco_del_Bienestar" title="Banco del Bienestar">Banco del Bienestar</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Mexican banks</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li>Actinver</li> <li><a href="/w/index.php?title=Agrofinanzas&amp;action=edit&amp;redlink=1" class="new" title="Agrofinanzas (page does not exist)">Agrofinanzas</a></li> <li><a href="/w/index.php?title=Banca_Afirme&amp;action=edit&amp;redlink=1" class="new" title="Banca Afirme (page does not exist)">Banca Afirme</a></li> <li><a href="/w/index.php?title=Banco_Ahorro_Famsa&amp;action=edit&amp;redlink=1" class="new" title="Banco Ahorro Famsa (page does not exist)">Banco Ahorro Famsa</a></li> <li><a href="/w/index.php?title=Banco_Amigo&amp;action=edit&amp;redlink=1" class="new" title="Banco Amigo (page does not exist)">Banco Amigo</a></li> <li><a href="/w/index.php?title=Banco_Autofin&amp;action=edit&amp;redlink=1" class="new" title="Banco Autofin (page does not exist)">Banco Autofin</a></li> <li><a href="/wiki/Banco_Azteca" title="Banco Azteca">Banco Azteca</a></li> <li><a href="/wiki/BanBaj%C3%ADo" title="BanBajío">BanBajío</a></li> <li><a href="/w/index.php?title=BanCoppel&amp;action=edit&amp;redlink=1" class="new" title="BanCoppel (page does not exist)">BanCoppel</a></li> <li>Bankaool</li> <li><a href="/wiki/Banorte" title="Banorte">Banorte</a></li> <li><a href="/wiki/BanRegio" title="BanRegio">BanRegio</a></li> <li><a href="/w/index.php?title=Bansi_S.A.&amp;action=edit&amp;redlink=1" class="new" title="Bansi S.A. (page does not exist)">Bansi S.A.</a></li> <li><a href="/w/index.php?title=Banco_BASE&amp;action=edit&amp;redlink=1" class="new" title="Banco BASE (page does not exist)">Banco BASE</a></li> <li><a href="/wiki/Compartamos_Banco" title="Compartamos Banco">Compartamos Banco</a></li> <li><a href="/w/index.php?title=Banco_Facil&amp;action=edit&amp;redlink=1" class="new" title="Banco Facil (page does not exist)">Banco Facil</a> (Chedraui)</li> <li><a href="/w/index.php?title=Banco_Famsa&amp;action=edit&amp;redlink=1" class="new" title="Banco Famsa (page does not exist)">Banco Famsa</a></li> <li><a href="/wiki/Inbursa" title="Inbursa">Inbursa</a></li> <li><a href="/w/index.php?title=Banco_Interacciones&amp;action=edit&amp;redlink=1" class="new" title="Banco Interacciones (page does not exist)">Banco Interacciones</a></li> <li><a href="/w/index.php?title=Banco_Invex&amp;action=edit&amp;redlink=1" class="new" title="Banco Invex (page does not exist)">Banco Invex</a></li> <li><a href="https://es.wikipedia.org/wiki/Banca_Mifel" class="extiw" title="es:Banca Mifel">Banca Mifel</a></li> <li><a href="/w/index.php?title=Banco_Monex&amp;action=edit&amp;redlink=1" class="new" title="Banco Monex (page does not exist)">Banco Monex</a></li> <li><a href="https://es.wikipedia.org/wiki/Banco_Multiva" class="extiw" title="es:Banco Multiva">Banco Multiva</a></li> <li><a href="/w/index.php?title=Banco_Ve_X_%2B&amp;action=edit&amp;redlink=1" class="new" title="Banco Ve X + (page does not exist)">Banco Ve X +</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Foreign-owned banks</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Grupo_Financiero_Banamex" title="Grupo Financiero Banamex">Banamex</a></li> <li><a href="/wiki/BBVA_M%C3%A9xico" title="BBVA México">BBVA México</a></li> <li><a href="/wiki/HSBC_M%C3%A9xico" title="HSBC México">HSBC México</a></li> <li><a href="/wiki/MUFG_Bank" title="MUFG Bank">MUFG Bank</a></li> <li><a href="/wiki/Santander_M%C3%A9xico" title="Santander México">Santander México</a></li> <li><a class="mw-selflink selflink">Scotiabank</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="S&amp;amp;P/TSX_60_companies_of_Canada_(June_22,_2020)" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist 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Power &amp; Utilities">Algonquin Power &amp; Utilities</a></li> <li><a href="/wiki/Alimentation_Couche-Tard" title="Alimentation Couche-Tard">Alimentation Couche-Tard</a></li> <li><a href="/wiki/AtkinsR%C3%A9alis" title="AtkinsRéalis">AtkinsRéalis</a></li> <li><a href="/wiki/Bank_of_Montreal" title="Bank of Montreal">Bank of Montreal</a></li> <li><a href="/wiki/Barrick_Gold" title="Barrick Gold">Barrick Gold</a></li> <li><a href="/wiki/Bausch_Health" title="Bausch Health">Bausch Health</a></li> <li><a href="/wiki/BCE_Inc" class="mw-redirect" title="BCE Inc">BCE</a></li> <li><a href="/wiki/Brookfield_Corporation" title="Brookfield Corporation">Brookfield Corporation</a></li> <li><a href="/wiki/Brookfield_Infrastructure_Partners" title="Brookfield Infrastructure Partners">Brookfield Infrastructure Partners</a></li> <li><a href="/wiki/Brookfield_Property_Partners" title="Brookfield Property Partners">Brookfield Property Partners</a></li> <li><a href="/wiki/Cameco" title="Cameco">Cameco</a></li> <li><a href="/wiki/CAPREIT" title="CAPREIT">Canadian Apartment Properties REIT</a></li> <li><a href="/wiki/Canadian_Imperial_Bank_of_Commerce" title="Canadian Imperial Bank of Commerce">Canadian Imperial Bank of Commerce</a></li> <li><a href="/wiki/Canadian_National" class="mw-redirect" title="Canadian National">Canadian National</a></li> <li><a href="/wiki/Canadian_Natural_Resources" title="Canadian Natural Resources">Canadian Natural Resources</a></li> <li><a href="/wiki/Canadian_Pacific" class="mw-redirect" title="Canadian Pacific">Canadian Pacific</a></li> <li><a href="/wiki/Canadian_Tire" title="Canadian Tire">Canadian Tire</a></li> <li><a href="/wiki/Canopy_Growth" title="Canopy Growth">Canopy Growth</a></li> <li><a href="/wiki/CCL_Industries" title="CCL Industries">CCL Industries</a></li> <li><a href="/wiki/Cenovus_Energy" title="Cenovus Energy">Cenovus Energy</a></li> <li><a href="/wiki/CGI_Inc" class="mw-redirect" title="CGI Inc">CGI</a></li> <li><a href="/wiki/Constellation_Software" title="Constellation Software">Constellation Software</a></li> <li><a href="/wiki/Dollarama" title="Dollarama">Dollarama</a></li> <li><a href="/wiki/Emera" title="Emera">Emera</a></li> <li><a href="/wiki/Enbridge" title="Enbridge">Enbridge</a></li> <li><a href="/wiki/First_Quantum_Minerals" title="First Quantum Minerals">First Quantum Minerals</a></li> <li><a href="/wiki/FirstService" title="FirstService">FirstService</a></li> <li><a href="/wiki/Fortis_Inc." title="Fortis Inc.">Fortis</a></li> <li><a href="/wiki/Franco-Nevada" title="Franco-Nevada">Franco-Nevada</a></li> <li><a href="/wiki/George_Weston_Limited" title="George Weston Limited">George Weston</a></li> <li><a href="/wiki/Gildan" title="Gildan">Gildan</a></li> <li><a href="/wiki/Imperial_Oil" title="Imperial Oil">Imperial Oil</a></li> <li><a href="/wiki/Kinross_Gold" title="Kinross Gold">Kinross Gold</a></li> <li><a href="/wiki/Kirkland_Lake_Gold" title="Kirkland Lake Gold">Kirkland Lake Gold</a></li> <li><a href="/wiki/Loblaw_Companies" title="Loblaw Companies">Loblaw Companies</a></li> <li><a href="/wiki/Magna_International" title="Magna International">Magna International</a></li> <li><a href="/wiki/Manulife" title="Manulife">Manulife</a></li> <li><a href="/wiki/Metro_Inc" class="mw-redirect" title="Metro Inc">Metro</a></li> <li><a href="/wiki/National_Bank_of_Canada" title="National Bank of Canada">National Bank of Canada</a></li> <li><a href="/wiki/Nutrien" title="Nutrien">Nutrien</a></li> <li><a href="/wiki/OpenText" title="OpenText">OpenText</a></li> <li><a href="/wiki/Pembina_Pipeline" title="Pembina Pipeline">Pembina Pipeline</a></li> <li><a href="/wiki/Power_Corporation" class="mw-redirect" title="Power Corporation">Power Corporation</a></li> <li><a href="/wiki/Restaurant_Brands_International" title="Restaurant Brands International">Restaurant Brands International</a></li> <li><a href="/wiki/Rogers_Communications" title="Rogers Communications">Rogers Communications</a></li> <li><a href="/wiki/Royal_Bank_of_Canada" title="Royal Bank of Canada">Royal Bank of Canada</a></li> <li><a href="/wiki/Saputo_Inc" class="mw-redirect" title="Saputo Inc">Saputo</a></li> <li><a class="mw-selflink selflink">Scotiabank</a></li> <li><a href="/wiki/Shaw_Communications" title="Shaw Communications">Shaw Communications</a></li> <li><a href="/wiki/Shopify" title="Shopify">Shopify</a></li> <li><a href="/wiki/Sun_Life_Financial" title="Sun Life Financial">Sun Life Financial</a></li> <li><a href="/wiki/Suncor_Energy" title="Suncor Energy">Suncor Energy</a></li> <li><a href="/wiki/TC_Energy" title="TC Energy">TC Energy</a></li> <li><a href="/wiki/Teck_Resources" title="Teck Resources">Teck</a></li> <li><a href="/wiki/Telus" title="Telus">Telus</a></li> <li><a href="/wiki/Thomson_Reuters" title="Thomson Reuters">Thomson Reuters</a></li> <li><a href="/wiki/Toronto-Dominion_Bank" title="Toronto-Dominion Bank">Toronto-Dominion Bank</a></li> <li><a href="/wiki/Waste_Connections" title="Waste Connections">Waste Connections</a></li> <li><a href="/wiki/Wheaton_Precious_Metals" title="Wheaton Precious Metals">Wheaton Precious Metals Corporation</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Investment_banks" style="padding:3px"><table class="nowraplinks hlist mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Investment_banks" title="Template:Investment banks"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Investment_banks" title="Template talk:Investment banks"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Investment_banks" title="Special:EditPage/Template:Investment banks"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Investment_banks" style="font-size:114%;margin:0 4em"><a href="/wiki/Investment_banking" title="Investment banking">Investment banks</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;">Divisions of<br /> <a href="/wiki/Universal_bank" title="Universal bank">universal banks</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;background-color: #eee;"><a href="/wiki/Bulge_bracket" title="Bulge bracket">Bulge bracket</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Barclays" title="Barclays">Barclays</a></li> <li><a href="/wiki/Bank_of_America" title="Bank of America">Bank of America</a></li> <li><a href="/wiki/Citigroup" title="Citigroup">Citigroup</a></li> <li><a href="/wiki/Deutsche_Bank" title="Deutsche Bank">Deutsche Bank</a></li> <li><a href="/wiki/JPMorgan_Chase" title="JPMorgan Chase">JPMorgan Chase</a></li> <li><a href="/wiki/UBS" title="UBS">UBS</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;background-color: #eee;"><a href="/wiki/Americas" title="Americas">Americas</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Banco_Bradesco" title="Banco Bradesco">Bradesco BBI</a></li> <li><a href="/wiki/BMO_Capital_Markets" title="BMO Capital Markets">BMO Capital Markets</a></li> <li><a href="/wiki/CIBC_World_Markets" class="mw-redirect" title="CIBC World Markets">CIBC World Markets</a></li> <li><a href="/wiki/Ita%C3%BA_Unibanco" title="Itaú Unibanco">Itaú BBA</a></li> <li><a href="/wiki/National_Bank_of_Canada" title="National Bank of Canada">National Bank Financial Markets</a></li> <li><a href="/wiki/RBC_Capital_Markets" title="RBC Capital Markets">RBC Capital Markets</a></li> <li><a class="mw-selflink selflink">Scotiabank GBM</a></li> <li><a href="/wiki/TD_Securities" title="TD Securities">TD Securities</a> <ul><li><a href="/wiki/TD_Cowen" title="TD Cowen">TD Cowen</a></li></ul></li> <li><a href="/wiki/Wells_Fargo" title="Wells Fargo">Wells Fargo Securities</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;background-color: #eee;"><a href="/wiki/Europe,_the_Middle_East_and_Africa" title="Europe, the Middle East and Africa">EMEA</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Banca_Akros" title="Banca Akros">Banca Akros</a></li> <li><a href="/wiki/Banca_IMI" title="Banca IMI">Banca IMI</a></li> <li><a href="/wiki/BNP_Paribas_CIB" title="BNP Paribas CIB">BNP Paribas CIB</a></li> <li><a href="/wiki/Cr%C3%A9dit_Agricole_Corporate_and_Investment_Bank" title="Crédit Agricole Corporate and Investment Bank">Crédit Agricole CIB</a></li> <li><a href="/wiki/Credit_Suisse" title="Credit Suisse">Credit Suisse</a></li> <li><a href="/wiki/Danske_Bank" title="Danske Bank">Danske Bank LC&amp;I</a></li> <li><a href="/wiki/First_Abu_Dhabi_Bank" title="First Abu Dhabi Bank">First Abu Dhabi Bank CIB</a></li> <li><a href="/wiki/Handelsbanken" title="Handelsbanken">Handelsbanken Capital Markets</a></li> <li><a href="/wiki/HSBC" title="HSBC">HSBC GBM</a></li> <li><a href="/wiki/ING_Group" title="ING Group">ING WB</a></li> <li><a href="/wiki/%C4%B0%C5%9F_Yat%C4%B1r%C4%B1m" title="İş Yatırım">İş Yatırım</a></li> <li><a href="/wiki/Lloyds_Bank_Corporate_Markets" title="Lloyds Bank Corporate Markets">Lloyds Bank Corporate Markets</a></li> <li><a href="/wiki/Natixis" class="mw-redirect" title="Natixis">Natixis</a></li> <li><a href="/wiki/NatWest_Markets" title="NatWest Markets">NatWest Markets</a></li> <li><a href="/wiki/Nordea" title="Nordea">Nordea CI&amp;IB</a></li> <li><a href="/wiki/Banco_Santander" title="Banco Santander">Santander CIB</a></li> <li><a href="/wiki/Sberbank_CIB" title="Sberbank CIB">Sberbank CIB</a></li> <li><a href="/wiki/SEB_Group" title="SEB Group">SEB LC&amp;FI</a></li> <li><a href="/wiki/Soci%C3%A9t%C3%A9_G%C3%A9n%C3%A9rale" title="Société Générale">Société Générale CIB</a></li> <li><a href="/wiki/Standard_Chartered" title="Standard Chartered">Standard Chartered CCIB</a></li> <li><a href="/wiki/UniCredit" title="UniCredit">UniCredit CIB</a></li> <li><a href="/wiki/VTB_Capital" title="VTB Capital">VTB Capital</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;background-color: #eee;"><a href="/wiki/Asia%E2%80%93Pacific" title="Asia–Pacific">APAC</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/BOC_International" title="BOC International">BOC International</a></li> <li><a href="/wiki/CITIC_Securities" title="CITIC Securities">CITIC Securities</a> <ul><li><a href="/wiki/CLSA" title="CLSA">CLSA</a></li> <li><a href="/wiki/CSC_Financial" title="CSC Financial">CSC Financial</a></li></ul></li> <li><a href="/wiki/Mitsubishi_UFJ_Securities" title="Mitsubishi UFJ Securities">Mitsubishi UFJ Securities</a></li> <li><a href="/wiki/Mizuho_Securities" title="Mizuho Securities">Mizuho Securities</a></li> <li><a href="/wiki/NH_Investment_%26_Securities" title="NH Investment &amp; Securities">NH Investment &amp; Securities</a></li> <li><a href="/wiki/SBI_Capital_Markets" title="SBI Capital Markets">SBI Capital Markets</a></li> <li><a href="/wiki/SMBC_Nikko_Securities" title="SMBC Nikko Securities">SMBC Nikko Securities</a></li> <li><a href="/wiki/UOB-Kay_Hian" title="UOB-Kay Hian">UOB-Kay Hian</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;">Independents</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;background-color: #eee;">Bulge bracket</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Goldman_Sachs" title="Goldman Sachs">Goldman Sachs</a></li> <li><a href="/wiki/Morgan_Stanley" title="Morgan Stanley">Morgan Stanley</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;background-color: #eee;">Americas</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Allen_%26_Company" title="Allen &amp; Company">Allen &amp; Company</a></li> <li><a href="/wiki/B.C._Ziegler" title="B.C. Ziegler">B.C. Ziegler</a></li> <li><a href="/wiki/B._Riley_Financial" title="B. Riley Financial">B. Riley Financial</a> <ul><li><a href="/wiki/FBR_Capital_Markets" title="FBR Capital Markets">FBR Capital Markets</a></li></ul></li> <li><a href="/wiki/Baird_(investment_bank)" title="Baird (investment bank)">Baird</a></li> <li><a href="/wiki/BDT_%26_MSD_Partners" title="BDT &amp; MSD Partners">BDT &amp; MSD Partners</a></li> <li><a href="/wiki/Brown_Brothers_Harriman" class="mw-redirect" title="Brown Brothers Harriman">Brown Brothers Harriman</a></li> <li><a href="/wiki/Brown_Gibbons_Lang_%26_Company" title="Brown Gibbons Lang &amp; Company">Brown Gibbons Lang &amp; Company</a></li> <li><a href="/wiki/BTG_Pactual" title="BTG Pactual">BTG Pactual</a></li> <li><a href="/wiki/Canaccord_Genuity" title="Canaccord Genuity">Canaccord Genuity</a></li> <li><a href="/wiki/Cantor_Fitzgerald" title="Cantor Fitzgerald">Cantor Fitzgerald</a></li> <li><a href="/wiki/Centerview_Partners" title="Centerview Partners">Centerview Partners</a></li> <li><a href="/wiki/Drexel_Hamilton" title="Drexel Hamilton">Drexel Hamilton</a></li> <li><a href="/wiki/Ducera_Partners" title="Ducera Partners">Ducera Partners</a></li> <li><a href="/wiki/Evercore" title="Evercore">Evercore</a></li> <li><a href="/wiki/Financial_Technology_Partners" title="Financial Technology Partners">Financial Technology Partners</a></li> <li><a href="/wiki/Greenhill_%26_Co." title="Greenhill &amp; Co.">Greenhill &amp; Co.</a></li> <li><a href="/wiki/Guggenheim_Partners" title="Guggenheim Partners">Guggenheim Partners</a></li> <li><a href="/wiki/Harris_Williams_%26_Co." title="Harris Williams &amp; Co.">Harris Williams &amp; Co.</a></li> <li><a href="/wiki/Houlihan_Lokey" title="Houlihan Lokey">Houlihan Lokey</a></li> <li><a href="/wiki/Jefferies_Group" title="Jefferies Group">Jefferies</a></li> <li><a href="/wiki/Lazard" title="Lazard">Lazard</a></li> <li><a href="/wiki/Leerink_Partners" title="Leerink Partners">Leerink Partners</a></li> <li><a href="/wiki/Lincoln_International" title="Lincoln International">Lincoln International</a></li> <li><a href="/wiki/LionTree" title="LionTree">LionTree</a></li> <li><a href="/wiki/Marathon_Capital" title="Marathon Capital">Marathon Capital</a></li> <li><a href="/wiki/Moelis_%26_Company" title="Moelis &amp; Company">Moelis &amp; Company</a></li> <li><a href="/wiki/Needham_%26_Company" title="Needham &amp; Company">Needham &amp; Company</a></li> <li><a href="/wiki/Oppenheimer_Holdings" title="Oppenheimer Holdings">Oppenheimer</a></li> <li><a href="/wiki/Perella_Weinberg_Partners" title="Perella Weinberg Partners">Perella Weinberg Partners</a></li> <li><a href="/wiki/Piper_Sandler" class="mw-redirect" title="Piper Sandler">Piper Sandler</a></li> <li><a href="/wiki/PJT_Partners" title="PJT Partners">PJT Partners</a></li> <li><a href="/wiki/Qatalyst_Partners" title="Qatalyst Partners">Qatalyst Partners</a></li> <li><a href="/wiki/The_Raine_Group" title="The Raine Group">The Raine Group</a></li> <li><a href="/wiki/Raymond_James_Financial" title="Raymond James Financial">Raymond James Financial</a></li> <li><a href="/wiki/Roth_Capital_Partners" title="Roth Capital Partners">Roth Capital Partners</a></li> <li><a href="/wiki/Seabury_Capital" title="Seabury Capital">Seabury Capital</a></li> <li><a href="/wiki/Solomon_Partners" title="Solomon Partners">Solomon Partners</a></li> <li><a href="/wiki/Stephens_Inc." title="Stephens Inc.">Stephens Inc.</a></li> <li><a href="/wiki/Stifel" title="Stifel">Stifel</a> <ul><li><a href="/wiki/Keefe,_Bruyette_%26_Woods" title="Keefe, Bruyette &amp; Woods">Keefe, Bruyette &amp; Woods</a></li> <li><a href="/wiki/Miller_Buckfire_%26_Co." title="Miller Buckfire &amp; Co.">Miller Buckfire &amp; Co.</a></li></ul></li> <li><a href="/wiki/Stone_Key_Partners" title="Stone Key Partners">Stone Key Partners</a></li> <li><a href="/wiki/Wedbush_Securities" title="Wedbush Securities">Wedbush Securities</a></li> <li><a href="/wiki/William_Blair_%26_Company" title="William Blair &amp; Company">William Blair &amp; Company</a></li> <li><a href="/wiki/WR_Hambrecht_%2B_Co" title="WR Hambrecht + Co">WR Hambrecht + Co</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;background-color: #eee;">EMEA</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Arbuthnot_Latham" title="Arbuthnot Latham">Arbuthnot Latham</a></li> <li><a href="/wiki/African_Alliance_Investment_Bank" title="African Alliance Investment Bank">AAIB</a></li> <li><a href="/wiki/ABG_Sundal_Collier" title="ABG Sundal Collier">ABG Sundal Collier</a></li> <li><a href="/wiki/Berenberg_Bank" title="Berenberg Bank">Berenberg Bank</a></li> <li><a href="/wiki/Bpifrance" title="Bpifrance">Bpifrance</a></li> <li><a href="/wiki/Carnegie_Investment_Bank" title="Carnegie Investment Bank">Carnegie</a></li> <li><a href="/wiki/EFG_Hermes" class="mw-redirect" title="EFG Hermes">EFG Hermes</a></li> 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href="/wiki/Huatai_Securities" title="Huatai Securities">Huatai Securities</a></li> <li><a href="/wiki/JM_Financial" title="JM Financial">JM Financial</a></li> <li><a href="/wiki/Macquarie_Group" title="Macquarie Group">Macquarie Group</a></li> <li><a href="/wiki/Mirae_Asset_Securities" title="Mirae Asset Securities">Mirae Asset Securities</a></li> <li><a href="/wiki/Nomura_Securities" title="Nomura Securities">Nomura Securities</a></li> <li><a href="/wiki/Orient_Securities" title="Orient Securities">Orient Securities</a></li> <li><a href="/wiki/Samsung_Securities" title="Samsung Securities">Samsung Securities</a></li> <li><a href="/wiki/Shenwan_Hongyuan" title="Shenwan Hongyuan">Shenwan Hongyuan</a></li> <li><a href="/wiki/Somerley_Capital" title="Somerley Capital">Somerley Capital</a></li> <li><a href="/wiki/Zhongtai_Securities" title="Zhongtai Securities">Zhongtai Securities</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <a href="/wiki/Category:Investment_banks" title="Category:Investment banks">Category</a></li> <li><span class="noviewer" typeof="mw:File"><span title="List-Class article"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/d/db/Symbol_list_class.svg/16px-Symbol_list_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/d/db/Symbol_list_class.svg/23px-Symbol_list_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/d/db/Symbol_list_class.svg/31px-Symbol_list_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <a href="/wiki/List_of_investment_banks" title="List of investment banks">List</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox authority-control" aria-labelledby="Authority_control_databases_frameless&amp;#124;text-top&amp;#124;10px&amp;#124;alt=Edit_this_at_Wikidata&amp;#124;link=https&amp;#58;//www.wikidata.org/wiki/Q451476#identifiers&amp;#124;class=noprint&amp;#124;Edit_this_at_Wikidata" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Authority_control_databases_frameless&amp;#124;text-top&amp;#124;10px&amp;#124;alt=Edit_this_at_Wikidata&amp;#124;link=https&amp;#58;//www.wikidata.org/wiki/Q451476#identifiers&amp;#124;class=noprint&amp;#124;Edit_this_at_Wikidata" style="font-size:114%;margin:0 4em"><a href="/wiki/Help:Authority_control" title="Help:Authority control">Authority control databases</a> <span class="mw-valign-text-top noprint" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q451476#identifiers" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">International</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://isni.org/isni/0000000406465079">ISNI</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://viaf.org/viaf/140736355">VIAF</a></span><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://viaf.org/viaf/143020561">2</a></span></li></ul></li></ul></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">National</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://id.loc.gov/authorities/n82017483">United States</a></span><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://id.loc.gov/authorities/n2001146528">2</a></span></li></ul></li><li><span class="uid"><a rel="nofollow" class="external text" href="http://olduli.nli.org.il/F/?func=find-b&amp;local_base=NLX10&amp;find_code=UID&amp;request=987007572955405171">Israel</a></span></li></ul></div></td></tr></tbody></table></div> <!-- NewPP limit report Parsed by mw‐web.codfw.main‐f69cdc8f6‐rxt7p Cached time: 20241122143106 Cache expiry: 2592000 Reduced expiry: false Complications: [vary‐revision‐sha1, show‐toc] CPU time usage: 1.944 seconds Real time usage: 2.492 seconds Preprocessor visited node count: 11545/1000000 Post‐expand include size: 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