Worst of the big five banks - Associate Director Equity Capital Markets Scotiabank Employee Review

1.0
Oct 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Nothing sets this discount bank apart positively from its respectable peers

Cons

Cheapskates on base comp and bonus comp, toxic culture with backstabbing a plenty, horrific retirement benefits with no match unless contributions are directed towards Scotiabank stock with a 2-3 year vest on the matched stock, and as if that wasn’t shameful enough the stock has been flat and garbage for years lagging behind peers. Wrongfully terminated in an attempt for this cheapskate bank to try and dodge severance due to a reorg and resulting in my now being dragged through slog to get what I deserve for 6 years of service to the team I was shown the door from. An utterly abject disgraceful “organization”. Avoid this “bank” like the bubonic plague. -10/10 in every way

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5.0
Dec 8, 2025
Recommend
CEO approval
Business Outlook

Pros

Incredible learning opportunity if you take lots of initiative

Cons

Limited deal flow compared to larger banks

4.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Work life balance Good pay

Cons

Management focus on automation / AI

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