The Bank of Nova Scotia (Scotiabank) (BNS-T) offers services in banking, wealth management and insurance in more than 55 countries (Scotiabank.com). The company has expanded its holdings both within and outside Canada over the last few years. In 2012 it purchased ING for $3.1 billion. Scotiabank has concentrated its global expansion in the Caribbean, South and Central America and Asia (Hoover's Company Profiles). It currently employs over 83,000 people (Source: Scotiabank Annual Report).