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Scotiabank to buy small Dallas bank in mortgage-finance play

Maple Financial Holdings Inc. has $1B in total assets

Bloomberg NewsbyBloomberg News
May 29, 2026
in Banking
Reading Time: 2 mins read
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Bank of Nova Scotia agreed to acquire Maple Financial Holdings Inc., which owns a small US commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry. The deal, which will see the lender take over MapleMark Bank, is subject to customary closing conditions, Scotiabank said in a statement […]

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Tags: artificial intelligence (AI)Bloombergmergers and acquisitions (M&A)NewsPremiumScotiabank
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