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KeyBank, Scotiabank
Scotiabank gets Fed’s approval to take bigger KeyBank stake
The earlier-than-expected green light will let the Canadian lender proceed to Phase 2 of its investment – a $2 billion infusion and the right to name two directors to the Cleveland bank’s board.
Federal regulators approve $2.8B KeyBank deal
With the Federal Reserve's approval one of Canada's largest bank may move forward with its plans with KeyBank.
Scotiabank announces regulatory approval for the second stage of KeyCorp deal
The Bank of Nova Scotia (BNS) (BNS:CA) announced on Friday the receipt of regulatory approval for ~10% additional investment in KeyCorp (KEY).
1d
on MSN
Fed clears KeyCorp’s $2 billion cash infusion from Scotiabank earlier than expected and its stock is up
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 ...
11d
Scotiabank's Earnings Fall Short as it Takes Charge on Chinese Bank Investment
The Bank of Nova Scotia reported fourth-quarter earnings that narrowly missed analyst estimates on higher costs and a charge ...
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