Scotiabank is delighted to be honoured by Global Finance as ‘Best FX Bank in Canada’ and ‘Best FX Derivatives Provider Globally’. These awards are part of the Global Finance Gordon Platt Foreign Exchange Awards 2026.
Each year, the editorial board of Global Finance honours financial service providers who demonstrate FX excellence. This includes taking advantage of foreign exchange market conditions, significant technological investment and advancement, and excelling in key performance indicators such as transaction volumes, scope of coverage, client service, and innovation.
Scotiabank has earned the ‘Best FX Bank in Canada’ award for three consecutive years – a tremendous achievement. This most recent recognition spotlights how the Canadian-based, multinational bank continued to deliver industry-leading advice, service, products, and a client-centric approach. Additionally, Scotiabank is also a first-time winner of the new Global Finance award category ‘Best FX Derivatives Provider,’ across global markets.
“We are very proud to share this award with our clients, who entrust us to deliver on their FX needs,” remarked Scotiabank’s Stephanie Larivière, Managing Director and Global Head, FICC Sales, Global Banking and Markets. “2025 was a transformative year, from technology to tariffs to trade. Amidst these changes, Scotiabank’s top priority remained the same: we worked to deliver an exceptional and consistent banking experience for our clients. We look forward to continuing to support our clients and their ambitions in 2026 and beyond.”
Scotiabank demonstrated its broad and long-standing strengths amidst a volatile FX landscape in 2025, impacted by new tariffs and uncertainty around international trade, driving client demand for sophisticated hedging and structured solutions. Against this backdrop, the Bank provided thoughtful, well-coordinated ideas to help clients navigate the uncertainty of operating global businesses across borders.
As a result, Global Finance specifically noted the Bank’s technology innovation offered by the Bank’s electronic client platform and options technology. They also highlighted the Bank’s execution skills, which focus on value-added advice and customized solutions.
Scotiabank has a long history as a leading provider of FX services for institutional, corporate, mid-market, small business, and retail clients in Canada, the United States, Latin America, Europe, and Asia. Today Scotiabank’s active FX coverage universe extends across a global footprint that includes corporate and mid-market/small business clients. The team provides 24-hour global coverage and trade execution through currency experts in major financial centres and provides comprehensive e-trading solutions through multi-bank platforms and our proprietary platform, ScotiaRED.
