Scotiabank Acquires Maple Financial Holdings
Scotiabank announced that it has entered into a definitive agreement to acquire Maple Financial Holdings, the parent company to MapleMark Bank. MapleMark Bank is a U.S. commercial bank with operations primarily in Dallas, Texas. The transaction is subject to customary closing conditions and receipt of regulatory approvals and is not expected to have a material impact on Scotiabank's earnings or CET1 ratio.