The Chilean subsidiary of Canada's Scotiabank said it plans to double its market share in the high-income market to 10 per cent in three years, according to local media reports. The bank’s chief executive James Callahan said the bank wanted to focus on high net worth individuals in Chile, which have become increasingly prominent in recent years in the Latin American country. Mr Callahan also said the bank will open five new branches in the first quarter of 2006 in Santiago, bringing the total to 60.