Operates as a diversified financial services institution that provides a wide range of financial products and services to retail, commercial and corporate customers
The Bank of Nova Scotia operates as a diversified financial services institution that provides a wide range of financial products and services to retail, commercial and corporate customers.
Its businesses are grouped into four segments: Canadian Banking; International Banking; Global Wealth & Insurance; and Global Banking & Markets.
The Canadian Banking segment provides a full suite of financial advice and banking solutions to personal and business customers across Canada.
This segment includes two businesses: Retail & Small Business Banking; and Commercial Banking.
The Retail & Small Business Banking provides financial advice, solutions and day-to-day banking products, including debit cards, deposit accounts, credit cards, investments, mortgages, loans, and related creditor insurance products, to individuals and small businesses.
The Commercial Banking delivers advice and a full suite of customized lending, deposit, cash management and trade finance solutions to medium and large businesses.
The International Banking segment encompasses retail and commercial banking operations in Latin America, the Caribbean and Central America, and Asia regions.
The Global Wealth & Insurance segment combines the bank's wealth management and insurance operations, and Global Transaction Banking.
The Global Wealth business comprises of asset management and client-facing businesses.
The Global Insurance has four main businesses in Canada: creditor, life & health, home and auto & travel.
The Global Transaction Banking offers comprehensive business solutions such as cash management, payment services, electronic banking, business deposits, and trade services.
The Global Banking & Markets segment provides corporate lending, equity & debt underwriting, and mergers & acquisitions advisory services, as well as capital markets products and services, such as fixed income, derivatives, prime brokerage, securitization, foreign exchange, equity sales, trading & research, energy and agricultural commodities.
The bank was founded on March 30, 1832 and is headquartered in Toronto, Canada.