Scotiabank Gets Fed Approval to Acquire Bigger Stake in KeyCorp [BNN Bloomberg (Canada)]
KeyCorp (KEY)
Last keycorp earnings: 4/16 06:30 am
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US:NYSE Investor Relations:
investor.key.com
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Source: BNN Bloomberg
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. The Fed said the Justice Department conducted a review of the potential competitive effects of the proposal and advised the board that it did not find a significantly adverse effect on competition. The Fed also said the appropriate banking agencies have been given an opportunity to comment and have not objected to the proposal. Scotiabank agreed earlier this year to buy a minority stake in KeyCorp, which was among the US regional banks hit hardest in last year's tumult, for about $2.8 billion. ©2024 Bloomberg L.P.
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KEY
Earnings
- 10/17/24 - Beat
KEY
Sec Filings
- 12/13/24 - Form 8-K
- 11/8/24 - Form 4
- 11/8/24 - Form 4
- KEY's page on the SEC website