BMO Financial Group to Acquire Euroz Hartleys' Australia-Based Capital Markets Business

Scotiabank Acquires Maple Financial Group’s Mortgage Business

May 29, 2026

Financial Services

Scotiabank said its 2024 acquisition of Maple Financial Group’s mortgage business is not expected to materially impact earnings in the near term. The deal is intended to expand Scotiabank’s presence in the Canadian mortgage market, with near-term focus on integrating operations and improving customer reach rather than immediate revenue growth.

Cboe Global Markets Agrees to Sell Cboe Australia and Cboe Canada to TMX Group

April 22, 2026

Financial Services

Cboe Global Markets announced it has reached a definitive agreement to sell its Canadian and Australian equities exchanges, Cboe Canada and Cboe Australia, to TMX Group Limited for an aggregate $300 million. The Australia and Canada transactions are expected to close separately, subject to customary closing conditions and regulatory approvals.

BMO to Acquire Burgundy Asset Management

June 19, 2025

Wealth Management

BMO and Burgundy Asset Management Ltd. signed a definitive agreement for BMO to acquire Burgundy for approximately $625 million. The transaction is expected to close by the end of calendar 2025, subject to customary regulatory approvals and other closing conditions.

My Money Group (Cerberus-backed) Planned Purchase of HSBC Continental Europe’s French Retail Banking Business

April 14, 2023

Financial Services

HSBC Continental Europe (HBCE) announced it had signed a Memorandum of Understanding and later a binding Framework Agreement with Promontoria MMB SAS and its subsidiary Banque des Caraïbes SA (My Money Group and the Purchaser) to sell HBCE’s retail banking business in France. Due to significant unexpected interest-rate rises since 2021, the Purchaser says it may be unable to obtain regulatory approval without amending the previously agreed deal terms, implying potential closing delays and more uncertainty.

Commerce Bank Acquires L.J. Hart & Company

November 18, 2022

Financial Services

Commerce Bank entered into a definitive agreement to acquire L.J. Hart & Company, a municipal bond underwriter and advisor. The deal terms were not disclosed, and closing is dependent on regulatory approval. Commerce Bank will retain the L.J. Hart & Company brand, staff, and its office in Chesterfield, Missouri.

BMO Financial Group to Acquire Bank of the West for $16.3 Billion

December 20, 2021

Financial Services

BMO Financial Group, together with its subsidiary BMO Harris Bank N.A., signed a definitive agreement to purchase Bank of the West and its subsidiaries from BNP Paribas. The $16.3 billion cash deal is expected to close by the end of calendar 2022, subject to customary regulatory approvals, and will expand BMO’s U.S. presence—especially in California.