Canadian-headquartered Scotiabank is launching its Scotia private client group in the Cayman Islands to offer investment advice, trust services, private banking and insurance. This the latest in a series of launches planned; the group is already under way in the Bahamas. Dan Wright, senior vice-president for international wealth at Scotiabank, said: “We are pleased to enhance Scotiabank’s offerings across the Caribbean, Central and Latin America, leveraging the expertise of the Scotiabank Group, including Scotiatrust, Scotia Capital and Private Banking to create customised and integrated financial solutions for our clients.” Farried Sulliman, managing director, Scotiabank and Trust (Cayman), said: “It’s important for us to be able to serve more complex financial needs on an international level, and now, with the addition of Scotia Private Client Group, we can do just that.” The Scotia private client business model for the Caribbean, Central and Latin America will be similar to the one used in Canada, where integrated services are offered through teams of specialists at distinct locations, outside the bank’s network of branches.