ScotiaMocatta Precious and Base Metal


In June 2005, Scotia Waterous was formed through the merger of Scotia Capital’s oil and gas advisory business and Waterous & Co., which was founded in 1987, had long been recognized as the leading global oil and gas acquisitions and divestitures firm.  The combined entity, Scotia Waterous, thus blends extensive knowledge of the oil and gas sector, including a comprehensive technical understanding of oil and gas assets on a global basis, with access to a full-service financing and capital markets platform.

In January 2012, to better reflect the growing international reach of the Corporate and Investment Banking and Capital Markets businesses, and to better align with the Bank's other business lines, the Scotia Capital brand name was discontinued, and the businesses are now branded as the Global Banking and Markets division of Scotiabank.