Local

Charlotte loses bid for major banking hub

Charlotte loses bid for 1,000-job banking hub to Dallas Tracy Dodson, chief operating officer and head of economic development at Charlotte Regional Business Alliance, speaks at the ribbon cutting at Vanguard's new Charlotte corporate campus on June 3, 2025. (Melissa Key)

CHARLOTTE — Although Toronto-based Scotiabank had yet to state its selection for a 1,000-job regional center in the U.S. as of Thursday, Charlotte Regional Business Alliance Chief Operating Officer Tracy Dodson told the Charlotte Business Journal that the area has come up short in its bid for the Canadian banking giant.

The Dallas Business Journal, CBJ’s sister publication, this week reported Dallas City Council approved $2.7 million worth of incentives on Wednesday to help lure the Scotiabank office. Charlotte was the other finalist for the project.

Read more from the Charlotte Business Journal’s website here.


VIDEO: Popular food & entertainment hub could be a stop for proposed rail line

0