Scotiabank Canadian Legislative Covered Bonds Presentation slide image

Scotiabank Canadian Legislative Covered Bonds Presentation

Our Businesses - Global Banking and Markets Wholesale Banking Business Overview • Wholesale banking and capital markets products to corporate, government, and institutional clients • Full service platform in Canada and Mexico. Niche focus in U.S., Central and South America, Asia, Australia and select markets in Europe Revenue mix: Business Banking (45%), Capital Markets (55%) Business Performance Q2 2017 Highlights 24% of consolidated net income¹ Net income up 60% Y/Y² Strong results in equities from Corporate Banking businesses primarily in the U.S. and Canada, as well as lower provision for credit losses • . • 2017 Priorities Improve our customer coverage and deepen relationships with our most important customers Increase our emphasis on investment banking and other fee-based activities that strengthen customer relationships Leverage our global platforms to serve the strategic and financial objectives of our customers Shift our business mix to more closely align with our customer-focused strategy and other priorities • Improve productivity and achieve cost efficiencies Improve automation and embrace disruptive technologies to improve the customer experience and reduce costs Q2 2017 Key Data In C$ Total Loans (avg.) $80B Trading Assets (avg.) $105B Total Deposits (avg.) Net Income Productivity Ratio $76B $517MM # of Employees 41.7% 2,281 Net Income ($m) 600 517 461 469 421 400 323 200 Invest in advanced analytics to drive revenues and optimize the use of capital and funding 0 1 Excludes Other segment 15 2 Higher levels of client activity in equity trading, contributing 40% of the year-over-year earnings growth Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Scotiabank®
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