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Scotiabank

250px|thumb|right|Banque Scotia logo, used for francophone Scotiabank customers in Canada The Bank of Nova Scotia (), operating as Scotiabank (), 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 assets and deposits. In 2023, the company's seat in Forbes Global 2000 was 88. Scotiabank serves over 25 million customers globally, offering personal and commercial banking, wealth management, corporate and investment services. With 88,000 employees and assets of approximately

Key facts

COA wide.escutcheon: Gules on a fess Argent between in chief and issuant from the fess on water barry wavy of the second and Azure a threemasted ship, the hull Or in full sail pennons flying proper at the stern a banner also of the second charged with a saltire of the third and in base in front of a plough handles to the dexter a garb Or, a cod-fish naiant also proper.
COA wide.crest: Issuant from a mural crow Argent a sprig of three thistle flowers proper
COA wide.supporters: On the dexter side a stag proper gorged with a collar Or pendent therefrom a plate charged with a maple leaf slipped Vert and on the sinister side a unicorn Argent armed, crined, unguled, and gorged with a collar Or pendent therefrom a bezant charged with a saltire Azure.
COA wide.motto: Strength, Integrity, Service
Company.name: Bank of Nova Scotia
Company.trade_name: Scotiabank
Company.logo: Scotiabank logo.svg
Company.image: Scotia Plaza 2025-05-24.jpg
Company.logo_size: 250px
Company.image_caption: Scotia Plaza in Toronto
Company.type: Public
Company.traded_as: S&P/TSX 60 component
Company.revenue: CA$37.74 billion (2025)
Company.net_income: CA$7.76 billion (2025)
Company.aum: CA$432.38 billion (2025)
Company.assets: CA$1.460 trillion (2025)
Company.equity: CA$88.59 billion (2025)
Company.num_employees: 86,431 (2025)

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Article

30 sections

Contents

History
1832–1900: Founding and early development
1900–1960s: Expansion and domestic consolidation
1970s–1990s: International expansion
1997–2019: Previous metals leadership
2020–present: Modern era and leadership changes
Acquisitions and mergers
Operating units
Branch and office locations
Canadian
Global
Controversies
Major investor in UN-blacklisted Israeli bank and arms manufacturer
Fraud in Mexico
Unpaid overtime lawsuit
Wrongful dismissal lawsuit
Sponsorship
Sports
Culture
Awards
Membership
Leadership
President
Chairman of the Board
Chief Executive Officer
Arms
Bank histories
See also
References
External links

Scotiabank was founded in 1832 in Halifax, Nova Scotia, where it was headquartered until relocating to Toronto in 1900. 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 London Bullion Market Association and one of fifteen accredited institutions which participate in the London gold fixing. From 1997 to 2019, this was conducted through its precious metals division ScotiaMocatta.