News

Scotiabank and KeyBank parent company KeyCorp both got something they needed out of the former's $2.8 billion investment in ...
The Bank of Nova Scotia (NYSE:BNS) (TSX:BNS:CA) announced on Wednesday an expected net income contribution of ~C$61M from its ...
Scotiabank says it expects its holdings in U.S. bank KeyCorp to add about $61 million in income to its third-quarter results.
Scotiabank announced today that the expected net income contribution from its ownership interest in KeyCorp will be approximately CAD $61 million in Q3 2025. This contribution represents the Bank's ...
KeyCorp's strategic growth boosts net interest income by 28%. Strong credit quality, rising yields, and a 4.5% dividend make ...
With this investment, Scotiabank (TSX: BNS) (NYSE: BNS) now owns approximately 14.9% of KeyCorp's common stock. The parties received Federal Reserve approval for the transaction on December 12, 2024.
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 ...
The Bank of Nova Scotia (Scotiabank) has finalized its $2 billion investment in KeyCorp, acquiring approximately 14.9% of the U.S.-based bank’s common stock.. The transaction, announced in ...
KeyCorp (KEY) announced that all required regulatory approvals have been received for completion of The Bank of Nova Scotia’s, or Scotiabank (BNS), strategic minority investment in Key as ...
Scotiabank bought a 14.9 per cent stake in KeyCorp in 2024 for about US$2.8-billion in cash to grow its foothold in the U.S.
Scotiabank, which is scheduled to release its third-quarter financial results Aug. 26, in late December completed a deal to secure an almost 15% interest in KeyCorp in an effort to strengthen its ...