Job cuts announced at Scotiabank

Another round of job cuts has been announced at Scotiabank, reflecting the changing habits of consumers. No exact numbers or roles have been identified as at risk but the big banks have been reducing staffing at branches as customers increasingly use online services. At the lender’s annual general meeting this week CEO Brian Porter forecast that by 2020 the share of financial products sold online would reach 50 per cent while in-branch transactions would fall to lower than 10 per cent.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?