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Scotiabank Gets Fed Approval to Acquire Bigger Stake in KeyCorp
Source: Buzz FX / 12 Dec 2024 16:51:11 America/Chicago
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
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