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31 Facts About Scotiabank
In 1986, Scotiabank created Scotia Securities to provide discount brokerage and security underwriting services.
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In 2000, Scotiabank increased its stake in Mexican bank Grupo Financiero Inverlat to 55 percent.
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Scotiabank later acquired Inverlat banking house in 2003, taking over all of its branches and establishing a strong presence in the country.
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In 2002, Scotiabank shut its branches in Argentina during the currency crisis and massive sovereign default.
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Scotiabank has been forced to implement this system in order to comply with FATCA.
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Scotiabank was a President of Scotiabank from 1972, and CEO and Chairman from 1974 to 1995.
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In 2018, Scotiabank acquired Montreal investment firm Jarislowsky Fraser, in 2018 Scotiabank completed the acquisition of a 68.
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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".
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Scotiabank operates branches in all Canadian provinces and territories, except for Nunavut.
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Scotiabank is the title sponsor for running events that form a part of the Canada Running Series.
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In 2010, Scotiabank was a sponsor of the World Rally Championship's Corona Rally Mexico.
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Scotiabank is the official bank of the West Indies Cricket Team.
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Scotiabank is the official bank of the National Hockey League and National Hockey League Players' Association.
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From 2006 through 2013, Scotiabank held the naming rights to the arena of the Ottawa Senators, branding it Scotiabank Place.
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Scotiabank has been a title sponsor for a number of cultural events and institutions in Canada.
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From 2006 to 2015, Scotiabank was the title sponsor for the Nuit Blanche event in Toronto.
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In 2016 Scotiabank held its first hackathon with the goal of solving Canadian debt.
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Scotiabank has established an industry partnership with the University of Waterloo Stratford Campus.
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Scotiabank terminated the other 16 employees, but did not prosecute them.
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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.
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Documents delivered to the media showing that Scotiabank management had sought advice on terminating Berry prior to the Investment Industry Regulatory Organization of Canada 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.
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Scotiabank is a member of the Canadian Bankers Association and registered member with the Canada Deposit Insurance Corporation, a federal agency insuring deposits at all of Canada's chartered banks.
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