Federal Reserve Reviews Bank of Nova Scotia Application to Acquire KeyCorp Shares
March 20, 2026
March 20, 2026
WASHINGTON, March 20 (TNSFR) -- The Federal Reserve System is reviewing an application from the Bank of Nova Scotia, Toronto, Canada, to acquire additional voting shares of KeyCorp, Cleveland, Ohio.
Under the proposal, the Bank of Nova Scotia seeks to hold up to 19.99% of the voting shares of KeyCorp, which would result in the indirect acquisition of voting shares of KeyBank National Association, Cleveland, Ohio.
This application is submitted pursuant to the Bank Holdin . . .
Under the proposal, the Bank of Nova Scotia seeks to hold up to 19.99% of the voting shares of KeyCorp, which would result in the indirect acquisition of voting shares of KeyBank National Association, Cleveland, Ohio.
This application is submitted pursuant to the Bank Holdin . . .