KeyCorp to See Bank of Nova Scotia Raise Ownership Stake to 19.99%

Key Takeaways BNS plans to boost its KeyCorp stake to 19.99%, expanding its U.S. investment position.KEY says the partnership structure remains unchanged, with no added regulatory oversight.KeyCorp's capital improved after BNS investment, supporting balance sheet repositioning efforts.KeyCorp (KEY) is set to see The Bank of Nova Scotia (BNS) increase its ownership stake in the bank to as much as 19.99%, underscoring strong confidence from its strategic partner. The news was first reported by Bloomberg, citi ...