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Fed Announces Approval of Application by Bank of Nova Scotia
December 13, 2024
WASHINGTON, Dec. 13 -- The Federal Reserve issued the following news release on Dec. 12, 2024:

The Federal Reserve Board on Thursday announced its approval of the application by The Bank of Nova Scotia, Toronto, Canada, to acquire up to 14.99 percent of the voting shares of KeyCorp and thereby indirectly acquire KeyBank National Association, both of Cleveland, Ohio.

Attached is the Board's order relating to this action.

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