Welcome to our dedicated page for Bank of Nova Scotia news (Ticker: BNS), a resource for investors and traders seeking the latest updates and insights on Bank of Nova Scotia stock.
Bank of Nova Scotia reports news across Scotiabank’s banking, wealth management, corporate banking, investment banking and capital markets activities. Recurring developments include cash management and treasury services such as ScotiaConnect, cross-border payment and deposit capabilities, commercial lending, syndicated loans, and the bank’s role in North American and Latin American financial markets.
Company updates also cover capital management, including regulatory capital instruments and common-share actions, as well as governance and strategic investment activity. Consumer banking news includes Scotiabank-linked Scene+ credit and debit card rewards, while corporate banking announcements often involve financing for energy infrastructure and renewable energy borrowers.
Scotiabank (TSX/NYSE:BNS) has signed a definitive agreement to acquire Maple Financial Holdings, parent of MapleMark Bank, a U.S. commercial bank based in Dallas, Texas.
The deal will add FDIC-insured deposits, support Mortgage Capital Markets and deposit growth, and is not expected to materially affect earnings or the CET1 ratio, subject to customary conditions and regulatory approvals.
Scotiabank (NYSE:BNS) launched a modernized U.S. Cash Management program on Oct 31, 2025, powered by its cloud treasury platform ScotiaConnect®. The rollout targets the North American corridor—a US$1.4 trillion annual cross-border trade market—and delivers U.S. deposit products (savings, operating, term), ACH, wire and account transfer capabilities.
The platform provides real-time account visibility, personalized self-serve features, and direct Host-to-Host connectivity for treasury integration. ScotiaConnect is already live in Mexico with a phased rollout planned across Scotiabank's footprint.
Scene+ (BNS) is launching its first-ever Scene+ Points Days, a three-day member event running Nov 7–9, 2025 that offers accelerated points at partners including Sobeys, IGA, FreshCo, Cineplex and Home Hardware.
All members earn double points during the event; eligible Scotiabank Scene+ credit or debit cardholders who register by Oct 24 can unlock up to 7x points. Select offers include 1,000 points for $100 at grocery, 10 points/$1 on concessions, 2 points/$3 on dining, and 100 points per $50 at Home Hardware. Event is available to eligible Scene+ members in Ontario and Quebec only. Terms apply.
Bladex (NYSE: BLX) and Scotiabank Perú have jointly structured a US$250 million loan to Samay I S.A.C., supporting the Puerto Bravo Thermal Power Plant in Arequipa, Peru. The loan, scheduled for disbursement in December 2026, will strengthen Peru's energy infrastructure through Samay, managed by Grupo Romero's infrastructure platform Infracorp.
The financing aims to optimize Samay's debt-to-equity structure while reinforcing the country's energy matrix through the plant's connection to the National Interconnected Electric System. This strategic transaction demonstrates Bladex's continued commitment to supporting regional development and infrastructure projects in Latin America.
Scotiabank (NYSE: BNS) has announced plans to redeem all outstanding US $1.25 billion of its 4.900% Fixed Rate Resetting Perpetual Subordinated Additional Tier 1 Capital Notes. The redemption will take place on June 4, 2025, at 100% of the principal amount plus accrued and unpaid interest. The Office of the Superintendent of Financial Institutions has approved this redemption, which will be funded through Scotiabank's general funds. This action is part of the bank's ongoing management of its Tier 1 capital structure.
Bladex and Scotiabank have successfully closed a US$100 million syndicated green loan for EGE Haina, a leading sustainable energy generator in the Dominican Republic. The financing, announced on March 13, 2025, follows the Green Loan Principles (GLP) guidelines and will support EGE Haina's renewable energy assets platform development.
The loan aims to increase renewable energy's share in the Dominican Republic's energy matrix, supporting the company's growth strategy and the country's energy transition. EGE Haina operates a diversified portfolio including wind farms, solar plants, and efficient thermal generation facilities.
The financing adheres to guidelines from the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA), demonstrating both lending institutions' commitment to supporting sustainable projects and economic growth in the region.
KeyCorp (NYSE: KEY) has announced the completion of Scotiabank's strategic minority investment, with Scotiabank purchasing approximately $2.0 billion worth of KeyCorp's common stock. Following this transaction, which received Federal Reserve approval on December 12, 2024, Scotiabank now owns approximately 14.9% of KeyCorp's common stock. This investment fulfills the agreement previously announced on August 12, 2024.
KeyCorp (NYSE: KEY) announced receiving all required regulatory approvals for Scotiabank's strategic minority investment. The Federal Reserve approved Scotiabank's remaining approximately 10% investment, expected to close in 2024. The initial 4.9% investment was completed on August 30, 2024. KeyCorp's CEO Chris Gorman expressed satisfaction with the approval, noting meaningful results from the first investment tranche and highlighting that the completed transaction will create additional growth capacity and enable further investments across the franchise.
KeyCorp announced the completion of the initial tranche of Scotiabank's strategic minority investment. Scotiabank has purchased approximately $0.8 billion of KeyCorp's common stock, representing a 4.9% ownership. This is part of a larger agreement announced on August 12, 2024, where Scotiabank will invest a total of $2.8 billion for a 14.9% pro forma ownership at a fixed price of $17.17 per share. The final purchase of about $2.0 billion is expected to be completed in the first quarter of 2025, pending Federal Reserve approval.
Scotiabank has announced an agreement to acquire a 14.9% equity stake in KeyCorp, a premier U.S. financial services company, for approximately US$2.8 billion. The investment will be completed in two stages: an initial 4.9% investment and an additional 10% investment. This strategic move is expected to be accretive to earnings per share in the first full year following the closing of the additional investment.
The transaction will significantly increase Scotiabank's capital deployment in priority markets and create future opportunities in the North American corridor. Upon completion, Scotiabank will have the right to designate two individuals to serve on KeyCorp's Board of Directors. The CET1 ratio impact is estimated to be approximately 10 basis points at the closing of the initial investment and a further 40 to 45 basis points at the closing of the additional investment.