KeyCorp, Scotiabank and Fed

Fed approves Scotiabank bid to acquire voting shares in KeyCorp
The U.S. Federal Reserve said on Thursday it had approved an application by Scotiabank to buy up to 14.99% of the voting shares in U.S. regional lender KeyCorp, as the Canadian bank looks to boost its exposure to developed markets.
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.
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).
Scotiabank wins regulatory approval for second phase of KeyCorp investment
Scotiabank says it has received regulatory approval for the second phase of its investment in U.S. bank KeyCorp. The big Canadian bank said Friday the approval came from the board of governors of the U.S. Federal Reserve System. Scotiabank announced in August a plan to acquire a 14.9% stake in KeyCorp for about US$2.8 billion in a two-step process.
KeyCorp, Bank of Nova Scotia receive regulatory approval to complete investment
KeyCorp (KEY) announced that all required regulatory approvals have been received for completion of The Bank of Nova Scotia’s strategic
KeyCorp and Scotiabank Receive Regulatory Approval to Complete Strategic Minority Investment
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, 2024.
Fed’s review of KeyCorp deal signals lighter touch on bank mergers by central bank
Analyst hails Fed’s quicker-than-expected approval of an investment in KeyCorp by the Bank of Nova Scotia as a good sign for ...
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Q4 Earnings Estimate for Primoris Services Issued By KeyCorp
Primoris Services Co. (NASDAQ:PRIM – Free Report) – Equities researchers at KeyCorp issued their Q4 2024 EPS estimates for Primoris Services in a report issued on Tuesday, December 10th. KeyCorp ...
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Scotiabank gets Fed approval to be KeyCorp's largest shareholder
The Bank of Nova Scotia received approval from the Federal Reserve on Thursday to increase its ownership stake in KeyCorp to up to 14.9%. Scotiabank, the third-largest Canadian bank by assets, is ...
KeyCorp stock outperforms competitors on strong trading day
The stock's rise snapped a four-day losing streak.
KeyCorp (NYSE:KEY) Shares Sold by Captrust Financial Advisors
Captrust Financial Advisors lessened its position in KeyCorp (NYSE:KEY – Free Report) by 45.5% during the third quarter, ...
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Scotiabank's Strategic Move: A 14.99% Stake in KeyCorp
Scotiabank has received approval from the U.S. Federal Reserve to acquire up to 14.99% of the voting shares in KeyCorp. This move aligns with Scotiabank's strategy to focus on developed markets, ...
KeyCorp (KEY) Gets a Buy from RBC Capital
In a report released on December 11, Gerard Cassidy from RBC Capital maintained a Buy rating on KeyCorp (KEY – Research Report), with a price ...
What is KeyCorp’s Forecast for Talkspace FY2024 Earnings?
Equities researchers at KeyCorp issued their FY2024 earnings per share (EPS) estimates for shares of Talkspace in a report ...