Washington, Dec 12 (Reuters) - The U.S. Federal Reserve Announced Thursday It Had Approved an Application by Scotiabank to Buy up to 14.99% of the Voting Shares in U.S. Regional Lender KeyCorp.
The Canadian Lender Announced the $2.8 Billion Deal in August, Which Would Also Allow It to Appoint Two Directors to the Ohio Lender's Board.
(Reporting by Pete Schroeder)
((Pete.schroeder@Thomsonreuters.com; 202-310-5485;))