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Canada’s Scotiabank buys 14.9% stake in US regional lender KeyCorp for $2.8 billion

Scotiabank is buying a 14.9% stake in American regional lender KeyCorp for $2.8 billion, as the Canadian bank taps into the stressed U.S. banking sector for growth outside its saturated home market.

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Publish date : 2024-08-12 02:04:11

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