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Scotiabank. The Bank of Nova Scotia (French: Banque de Nouvelle-Écosse), operating as Scotiabank (French: Banque Scotia), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third-largest Canadian bank by deposits and market capitalization.
GBM is a full-service wholesale bank and investment dealer in Canada and Mexico and offers a range of products and services in the U.S., Latin America and in select markets in Europe, Asia and Australia. More specifically, GBM provides clients with: corporate lending; transaction banking (including payments, trade finance and cash management ...
Oct 9, 2024 · About Us – We are here for every future. As one of Canada’s largest banks with a strong presence across the Americas, Scotiabank’s vision is to be our clients’ most trusted financial partner, to deliver sustainable, profitable growth and maximize total shareholder return.
- 19th Century
- 20th Century
- First and Second World Wars
- Mid-20Th Century
- Late 20th Century
- 21st Century
The Bank of Nova Scotia was founded in Halifax, by a group of local merchants and citizens who wanted a public bank, owned by shareholders and authorized by government, that could provide currency for trade transactions (see Money in Canada). The few other banks in Halifax at the time were all private banks, meaning they selectively chose their cus...
The bank continued its expansion in the early 1900s by opening branches throughout the West Indies, including Trinidad and Tobago and Cuba in 1906. Expansion into Western Canada followed, including branches in Edmonton, Vancouver and Calgary, all in 1903, and Reginain 1906. As banking in Canada became more sophisticated, management of the Bank of N...
The bank opened its first branch in London, England, immediately after the end of the First World War. The onset of the Great Depression forced the postponement of plans to build a new, larger office in Toronto to accommodate its growing size, though it did complete the building of a new office in Halifaxin 1931. Business, however, remained slow th...
To prepare for its future growth, the Bank of Nova Scotia opened a new and larger Toronto head office in 1951; today, this location remains the bank’s headquarters. The bank was particularly successful in growing its consumer credit operations in the 1950s and 1960s. In the late 1950s, the Bank of Nova Scotia was the first bank to introduce deposit...
By the early 1970s, the Bank of Nova Scotia was Canada’s leading international bank. In 1971, its foreign currency business had become almost two-thirds as large in dollar value as its Canadian business, growing at an annual rate of 20 per cent between 1965 and 1971 (see Exchange Rates). In addition, foreign assets of the bank were almost 50 per ce...
To grow its presence in wealth management, in 2008 Scotiabank purchased the online discount brokerage firm ETrade Canada from its US parent company for US$444 million. That same year, Scotiabank purchased Sun Life Financial’s 37 per cent ownership position in CI Financial Income Fund — one of the country’s largest mutual fundcompanies — for $2.2 bi...
On the eve of the 20th century, The Bank of Nova Scotia had a strong base in the Maritimes as well as the start of a national and international network. In 1874, the Saint John, New Brunswick branch became the first Bank of Nova Scotia agency outside of Nova Scotia. Nine years later, The Bank amalgamated with The Union Bank of Prince Edward Island.
Our global presence gives you access to more markets and opportunities. As the only bank with scale across Canada, U.S. and Mexico, and with a strategic presence in Latin America, Europe and Asia Pacific, we’re uniquely positioned to provide seamless connectivity across global markets.
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Bank of Nova Scotia engages in the provision of financial products and services, including personal, commercial, corporate, and investment banking. ... 1832 and is headquartered in Toronto, Canada ...
