Scotiabank (NYSE:BNS) (TSX:BNS:CA) announced on Monday expected net income contribution from its ownership interest in KeyCorp (NYSE:KEY) of ~C$62M for the fiscal second quarter. The Canadian ...

Toronto-based Scotiabank would get a 14.9% stake, making it the largest shareholder in KeyCorp and planting its flag in a market that its Canadian rivals have long found attractive. For KeyCorp, the ...

Scotiabank will acquire 14.9% of Cleveland-based KeyCorp in two separate tranches by buying shares at $17.17 each, representing an 11% premium to their volume-weighted average price over the past ...

KeyCorp has about 1,000 U.S. branches offering commercial and retail banking and investment advice and services, and oversees about $187 billion in assets. Scotiabank highlighted KeyCorp’s focus on ...

Scotiabank announced today that it has completed its acquisition of approximately 4.9% pro-forma ownership stake in KeyCorp through newly issued common shares at a price of US$17.17 per share. The ...

Scotiabank (BNS) is making a significant move into the U.S. banking market by acquiring a 14.9% stake in regional lender KeyCorp (KEY) for $2.8 billion. The Canadian banking giant has priced the ...

The approval comes four months after Toronto-based Scotiabank made an initial $800 million investment in Key, taking ownership of 4.9% of the regional bank. Key, based in Cleveland, has said ...

KeyCorp announced that The Bank of Nova Scotia has completed its purchase of KeyCorp’s common stock with an investment of approximately $2B, as expected.With this investment, Scotiabank now owns ...

Scotiabank announced today that the expected net income contribution from its ownership interest in KeyCorp will be approximately CAD $62 million in Q2 2025. This contribution represents the Bank ...

Toronto-based Scotiabank is purchasing a 14.9% stake in KeyCorp for $2.8 billion, Key announced Monday. Once completed, Scotiabank will be the largest private investor in Key.

Scotiabank (BNS) (BNS:CA) announced on Monday expected net income contribution from its ownership interest in KeyCorp (KEY) of ~C$62M for the fiscal second quarter. Skip to content.