Scotia Capital · Toronto, ON Canada
Company Description
Phone: +1-416-863-7411
Fax: +1-416-862-3052
View Scotia Capital Locations On A US Map
This link will open in a new window
This link will open in a new window Scotia Capital is the corporate and investment banking subsidiary of one of Canada's largest banks, The Bank of Nova Scotia (aka Scotiabank). The company performs an array of capital markets and brokerage services such as equity and debt underwriting, sales, and trading; corporate and structured lending; foreign exchange; trust services; and equity research. It specializes in such industries as energy, entertainment and leisure, financial services, real estate, and media and communications. The company is active in North America, Europe, and Asia. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Scotia Capital Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | October |
| Annual Sales (mil.) | $435.6 |
| Employees | 1,900 |
Scotia Capital Executives
19 executives listed for Scotia Capital's Toronto, ON location.
| Title | Name & Bio | Contact |
| Co-Chairman and Co-CEO; Head, Global Capital Markets | Michael Durland | Network |
| Co-Chairman, Co-CEO, and Head, Global Corporate and Investment Banking | Stephen McDonald | Network |
| Vice Chairman and Deputy Head, Capital Markets Group | John Madden | Network |
Competition
Competitive Landscape for Scotia Capital
Demand is driven by economic activity that results in company mergers, acquisitions, or public financing. The profitability of an investment bank depends on its ability to accurately assess both the value of a business transaction and the readiness of the market to buy the attendant debt or equity. Big firms have an advantage because large customer transactions require firms with substantial financial resources. Small investment banks can compete by participating in syndications and operating in regional markets or specialized industries. Although labor-intensive, the industry produces very high value: average annual revenue per employee at large firms is under $1 million. The global financial crisis of 2008-2009 dramatically altered the landscape of the investment banking industry. Morgan Stanley and Goldman Sachs, the only large firms still intact, have changed their status from investment banks to bank-holding companies. Both firms still engage primarily in investment banking, but former industry leaders such as Bear Stearns, Merrill Lynch, and Lehman Brothers have either been acquired or have filed for bankruptcy protection. The demise of these firms and the late 2000s recession have likely ushered in a new era in which the creation of innovative but risky financial instruments will be replaced by more traditional banking services. The new environment also means more industry oversight by the federal government, which had to step in and bail out dozens of financial services firms with billions of dollars of taxpayers' money. To read the full description, subscribe now.Top Scotia Capital Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!