Scotiabank today marked the official opening of its new regional hub in Dallas with a ribbon cutting ceremony at Victory Commons One, joined by leaders from the State of Texas, the City of Dallas, and the North Texas business community. The celebration signifies a major milestone in the Bank’s long-term growth strategy in the United States and reinforces Dallas’s rising position as a national center for financial services.
President and CEO Scott Thomson led the ceremony, alongside Ross Perot Jr., Chairman of The Perot Companies and founder of Hillwood; Travis Machen, CEO and Group Head, Global Banking and Markets at Scotiabank; and Dallas Mayor, Eric L. Johnson.
Located in one of Dallas’s fastest-growing business districts, the new office will serve as a central hub for Scotiabank’s U.S. operations, supporting growth across its expanding footprint. The project represents a significant investment and source of job creation in North Texas, underscoring Scotiabank’s commitment to strengthening its presence in the U.S. and enhancing connectivity across North America.
“Opening our Dallas hub is an important step in strengthening our U.S. platform and expanding our role across the North American corridor,” said Travis Machen, CEO and Group Head, Global Banking and Markets, Scotiabank. “Dallas offers a powerful combination of talent, economic momentum, and connectivity, making it an ideal location for the next chapter of our growth. We’re excited to build deeper roots here partnering with clients, investing in the community, and creating opportunities for our teams.”
Mayor Eric L. Johnson also welcomed Scotiabank’s formal entry into the Dallas market, highlighting the city’s strong economic fundamentals, diverse workforce, and expanding global profile. “I am thrilled to officially welcome Scotiabank to Dallas,” said Dallas Mayor Eric L. Johnson. “The opening of Scotiabank’s new regional hub in Dallas adds to Y’all Street’s growing momentum and further cements Dallas as America’s emerging banking and financial services capital.”
The opening of the Dallas hub adds to a period of strong momentum for Scotiabank’s U.S. business. From operational enhancements to strengthened leadership teams, the Bank continues to make purposeful investments that position it to grow with confidence and agility in an increasingly competitive landscape.
