Opérations et transactions|1 mars 2010
Scotiabank completes acquisition of Royal Bank of Scotland's wholesale banking operations in Colombia
Torys acted as counsel to The Bank of Nova Scotia with a team that included Ian Arellano, Craig Pell, Eric Boehm, Grace Pereira and Heding Yang.
On March 1, 2010, The Bank of Nova Scotia announced that it has completed an agreement to acquire Royal Bank of Scotland's wholesale banking operations in Colombia (RBSC). While still subject to regulatory approvals, this represents Scotiabank's first acquisition in this country and would make it the only Canadian-owned wholesale institution with a presence in Colombia. Terms of the transaction were not disclosed.
The RBSC platform offers deposit, loan and capital markets products to corporate and commercial customers in Colombia. It will be managed under the Scotiabank's global wholesale banking initiative.
Further information is found on Scotiabank's website.