The Globe and Mail reports in its Wednesday edition that Bank of Nova Scotia has agreed to a referral arrangement with the Canadian arm of India's ICICI Bank for high-net-worth clients. A Canadian Press dispatch to The Globe says that under the agreement, ICICI Bank Canada will have the opportunity to access Scotia Wealth Management services. ICICI Bank Canada is a full-service direct bank under Canada's Bank Act and has been serving its customers in Canada for 20 years. ICICI Bank Canada chief executive officer Himadar Maddipatla says the deal gives clients access to wealth management services through Scotia Wealth Management, in addition to the services it already offers itself, including banking, remittances to India and non-resident Indian services. Mr. Maddipatla says clients will benefit from the knowledge, experience and scale of Scotia Wealth Management. Alex Besharat, head of Canadian wealth management at Scotiabank, says the strategy emphasizes the bank's dedication to supporting the diversity of entrepreneurs and business owners across Canada.