Scotiabank Hires Travis Machen From Morgan Stanley [Financial Post (Toronto, Ontario, Canada)]
Morgan Stanley (MS)
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Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Travis Machen is joining Bank of Nova Scotia from Morgan Stanley to lead the its global banking and markets business. Machen, who is set to start May 6, will replace Jake Lawrence, who left the bank in March to become chief financial officer of Power Corp. of Canada, according to a statement Monday, confirming an earlier Bloomberg News report. Article content Lawrence had been with the Toronto-based lender for more than two decades and was considered a candidate for chief executive officer before the firm tapped Scott Thomson for the role. Article content Machen's appointment is the latest development in a string of executive changes at the bank, which has also replaced the managers leading its international, Canadian retail banking and wealth-management divisions since Thomson became CEO in early 2023. Machen, who will run Scotiabank's investment bank and capital-m
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