Scotiabank Moves to Raise Stake in KeyCorp to Just Under 20%
Bank of Nova Scotia has filed to expand its equity position in KeyCorp from 14.99% to as much as 19.99%, according to a regulatory filing. The planned purchase would include additional voting shares of KeyCorp and, indirectly, of its bank unit KeyBank National Association. The filing follows KeyCorp's recent $1 billion share-repurchase program and …