Scotiabank names former Morgan Stanley exec as head of global banking, markets unit

Third teenager charged with second-degree murder | SaltWire #newsupdate #news #halifax #police -Canada's Scotiabank appointed on Monday banking veteran Travis Machen as the CEO and group head of its global banking and markets unit, starting May 6.

Machen, who will be based in New York and Toronto, will execute Scotiabank's global banking business strategy and will focus on expanding product offerings and increasing primary clients.In his most recent role, Machen was the managing director and head of banks, diversified and financial infrastructure at U.S. investment bank Morgan Stanley.

The Canadian lender under CEO Scott Thomson has shaken up its senior leadership, including the replacement of the head of Canadian banking, wealth management and international banking. Scotiabank's GBM business provides corporate clients with lending and transaction services, investment banking advice and access to capital markets in more than 20 countries.ADVERTISEMENT

Source: Financial Digest (financialdigest.net)

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