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Scotiabank names former Morgan Stanley exec as head of global banking, markets unit
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Scotiabank names former Morgan Stanley exec as head of global banking, markets unit
Apr 29, 2024 2:12 PM

April 29 (Reuters) - Canada's Scotiabank on

Monday appointed banking veteran Travis Machen as the CEO and

Group head of its global banking and markets (GBM) 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.

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.

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 ( MS ).

Prior to that, Machen, who has been a banker for more than

25 years, was at JPMorgan Chase ( JPM ).

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