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Scotiabank Expands Investment in KeyCorp
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Scotiabank Expands Investment in KeyCorp

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Bank Of Nova Scotia (TSE:BNS) has released an update.

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Scotiabank has successfully acquired a 4.9% stake in KeyCorp for US$0.8 billion, with plans to increase its investment to 14.9% upon regulatory approval in fiscal 2025. The strategic move is part of Scotiabank’s ongoing efforts to expand its portfolio and solidify its position as a trusted financial partner.

For further insights into TSE:BNS stock, check out TipRanks’ Stock Analysis page.

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