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Reuters ·  Dec 13, 2024 05:30

- 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;))

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