Utilize the input text as a context reference, choose the right relationship between Scotiabank and Corporation from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Sagicor Financial Corporation (LSE: SFI.L - news ) , an insurance and financial services provider with operations in the Caribbean and the US, hired JP Morgan and Scotiabank to arrange fixed-income meetings in the US and Europe ahead of a potential USD-denominated 144A/Reg S bond issue.

Answer: legal_form