Scotiabank gets Fed approval to acquire bigger stake in KeyCorp
The Bank of Nova Scotia can increase its stake in Ohio-based KeyCorp from 4.93% to as much as 14.99%, the US Federal Reserve said on Thursday. Scotiabank does not currently control a US commercial bank, and the two companies do not compete directly in any retail banking market, according to the central bank.
KeyCorp has already gotten $821 million from Scotiabank for a 4.9% stake in August and needed approval from the Fed for the remaining 10% valued at $2 billion. The banks will also pool their ...
KeyCorp (NYSE: KEY) announced today that all required regulatory approvals have been received for completion of The Bank of Nova Scotia's ("Scotiabank") strategic minority investment in Key as ...
On Friday, HashiCorp Inc (HCP) stock saw a decline, ending the day at $33.78 which represents a decrease of $-0.04 or -0.12% from the prior close of $33.82. The stock opened at $33.75 and touched a ...
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