Scotiabank to Offer Wealth-Management Services to State Bank of India's High-Net-Worth Clients in Canada

Dow Jones05-11 19:18

By Robb M. Stewart

Bank of Nova Scotia's wealth-management arm will offer services to high-net-worth clients of State Bank of India's business in Canada.

Scotia Wealth Management and SBI Canada Bank agreed a referral-relationship arrangement, which will allow both companies to extend their coverage for clients locally in Canada.

Scotia Wealth Management will offer advisory and investment-management services through its Scotia Jarislowsky Fraser and ScotiaMcLeod businesses, as well as private-banking services through Scotiabank's private-banking group.

The Indian bank currently offers full-service retail, commercial and corporate banking services to clients in Canada.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

May 11, 2026 07:18 ET (11:18 GMT)

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