Scotiabank’s Equity Research Analyst and Economist discuss why solving Mexico’s power problem is essential to realizing its nearshoring potential.
Research and Market Commentary
May 8, 2025
North America's Bank
The only bank with scale across Canada, U.S., and Mexico*
C $1.44 T
total assets
C $93 Bn
market capitalization
Aa2 / A+
Moody's / S&P
credit rating
25 million +
Scotiabank clients worldwide
20 +
countries across globe
Top 15
foreign bank organization
in the U.S.
Data as of Q1 2025**
As a full-service bank with over 190 years of experience, Scotiabank is your gateway to global market connectivity and industry expertise
We offer clients a range of financial services including lending, transaction services, investment banking advice, and access to capital markets.
Operating in the U.S. since 1885, our dedicated leadership team is committed to strengthening our presence in the U.S. market and driving growth across North America.
Global Sponsorships
Scotiabank supports sponsorship initiatives that reach across the arts, hockey, football and golf landscapes.
Careers
Come be part of an innovative, global Capital Markets business with a growing platform in the United States.
*
Based on league table rankings across markets.
**
As at January 31, 2025.
Source for Top 15 Foreign Banking Organization in the U.S.: Board of Governors of the Federal Reserve System (U.S.). - Structure and Share Data for U.S. Banking Offices of Foreign Entities - September 2024.
Source for Top 15 Foreign Banking Organization in the U.S.: Board of Governors of the Federal Reserve System (U.S.). - Structure and Share Data for U.S. Banking Offices of Foreign Entities - September 2024.
Scotiabank is a marketing name for the global corporate and investment banking and capital markets businesses of The Bank of Nova Scotia and certain of its affiliates in the countries where they operate, including Scotia Capital Inc. Scotia Capital Inc. is the Canadian legal entity within Scotiabank’s Global Banking & Markets division that provides securities services, regulated by the Canadian Investment Regulatory Organization (CIRO) and is a member of the Canadian Investor Protection Fund. Visit our legal page for more information.
