Bank Of Nova Scotia (TSE:BNS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
