Scotia Waterous – A Brief Assessment

Scotiabank overall
- 69000 employees

Structure

• 4 major groups: Domestic Banking, International Banking, Scotia Capital and e-Banking
• Scotia Capital:
• Scotia Mcleod (Canadian i-Banking),
• Scotia Mocatta (metals trading),
• Scotia Waterous (the well-regarded M&A division that operates exclusively within the oil & gas industry)

Relative hierarchy

Scotiabank ==> Scotia Capita ==>Scotia Waterous

Remark:

Scotia Waterous is a very focused team with most directors come from petroleum industry as engineering experts.

They are well regarded mostly because of their focus and specialty.

They are doing business but with their strong technical domain knowledge. However, you as a pure financial/business background might find little difficult to fit in to this close circle, unless you would like to grasp their knowledge and daily language.