Business
Scotia Wealth Management enters an arrangement with SBI Canada Bank to offer wealth management services to SBI Canada's high-net-worth clients
Scotia Wealth Management enters an arrangement with SBI Canada Bank to offer wealth management se...
About this update from Bank Of Nova Scotia
[{"type":"text","content":"\n\n\nScotia Wealth Management enters an arrangement with SBI Canada Bank to offer wealth management services to SBI Canada's high-net-worth clients\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, May 11, 2026 /CNW/ - Scotia Wealth Management, part of the Scotiabank group of companies, and SBI Canada Bank, a wholly owned subsidiary of State Bank of India, have entered a referral relationship arrangement. Through this arrangement, high-net-worth clients of SBI Canada will benefit from the opportunity to access Scotia Wealth Management solutions. SBI Canada currently offers full-service retail, commercial, and corporate banking services to clients in Canada.\n\n\n\n\n\n\n\n\"We share a similar approach with SBI Canada, putting our clients at the centre of what we do. SBI Canada has a legacy of building trust within the Indian community in Canada, and we are excited to work together to solve their clients' complex wealth needs,\" said Amit Brahme, Vice President, Strategic Cultural Segments, Scotia Wealth Management. \"Through our Total Wealth approach, our team of specialists provide comprehensive wealth advice that addresses all stages of clients' lives.\"\"At SBI Canada, our focus has always been on building long‑term, trusted relationships with clients and supporting their financial goals across borders,\" said Manish Mishra, President & CEO, SBI Canada. \"Partnering with Scotia Wealth Management allows us to extend that commitment by providing our high‑net‑worth clients with access to comprehensive, world‑class wealth management capabilities in Canada. Together, we are well positioned to deliver integrated solutions that address clients' evolving needs.\"The arrangement positions both SBI Canada and Scotia Wealth Management to deliver more coverage for clients locally in Canada while supporting their financial needs. Scotia Wealth Management will offer advisory and investment management services through Scotia Jarislowsky Fraser and ScotiaMcLeod® and private banking services through Scotiabank's Private...