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.

The TSX lost 146.78 points to reach noon on Friday at 25,263.93, for a loss on the week so far of 427 points, or 1.7%. The Canadian dollar ditched 0.09 cents to 70.24 cents U.S.

The U.S. Federal Reserve said on Thursday it had approved an application by Scotiabank to buy up to 14.99% of the voting ...

Analyst hails Fed’s quicker-than-expected approval of an investment in KeyCorp by the Bank of Nova Scotia as a good sign for ...

Citi analyst Keith Horowitz reiterated a neutral rating on KeyCorp and said he expects the bank to boost its net interest income once the capital infusion from Scotiabank closes. KeyCorp will also get ...

Canada's stock index opened slightly lower on Friday after a selloff in the previous session, as losses in healthcare and mining weighed. The TSX lost 107.42 points to close Thursday at 25,309.29 The ...

Detailed price information for Meta Platforms Inc (META-Q) from The Globe and Mail including charting and trades.

Scotiabank and KeyCorp expect to close the Additional Investment in 2024. Scotiabank shares T.BNS are trading up $0.16 at $78.74.

The U.S. Federal Reserve approved an application by Scotiabank (TSX:BNS) to buy up to 14.99 per cent of the voting shares in ...

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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 ...

KeyCorp announced that all required regulatory approvals have been received for completion of The Bank of Nova Scotia's ("Scotiabank") strategic minority investment in Key as announced on August 12, ...