Scotiabank Group Named
No. 1 FX Provider in Canada, Costa Rica,
Jamaica and Peru
Scotiabank announced today that it has been
acknowledged as the leading foreign exchange
provider in Canada, Costa Rica, Jamaica and
Peru for 2010.
Global Finance magazine named Scotia Capital
as Canada's Best FX Provider for the 6th
year in a row, while also acknowledging
Scotiabank Costa Rica, Scotiabank Jamaica
and Scotiabank Peru as the top FX providers
in their respective countries. Criteria for
choosing winners include transaction
volumes, market share, scope of global
coverage, customer service, competitive
pricing and innovative technologies.
"At Scotiabank, we are dedicated to
providing our clients with superior service
and market intelligence," said Barry
Wainstein, Vice-Chairman and Deputy Head,
Global Capital Markets, and Global Head,
Foreign Exchange and Precious Metals. "This
ongoing dedication to the highest standards
of excellence makes us especially proud to
share our latest third-party rankings."
Scotia Capital was also ranked as the Best
Canadian Currency Forecaster and one of the
Top 2 Global Leaders by Bloomberg Markets
magazine in its 2009 ranking of Foreign
Exchange forecasting, and the No. 1 global
forecaster by currency pair for Dollar/Swiss
and Euro/Swiss.
Scotia Capital is the wholesale banking arm
of the Scotiabank Group, offering a wide
variety of products to corporate, government
and institutional clients. Scotia Capital
provides full-service coverage across the
NAFTA region, and also serves selected niche
markets globally through two divisions,
Global Capital Markets and Global Corporate
and Investment Banking. It has 28 offices
and more than 300 relationship managers
organized around industry specialties.
Scotiabank is Costa Rica's largest private
bank and one of North America's premier
financial institutions and Canada's most
international bank.
With close to 68,000 employees, Scotiabank
Group and its affiliates serve approximately
14.6 million customers in some 50 countries
around the world. Scotiabank offers a
diverse range of products and services
including personal, commercial, corporate
and investment banking. With more than $496
billion in assets (as at October 31, 2009),
Scotiabank trades on the Toronto (BNS) and
New York Exchanges (BNS).
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