TSX:BNSBanks
Bank Of Nova Scotia Weighs Larger KeyCorp Stake As Valuation Draws Focus
Bank of Nova Scotia, TSX:BNS, plans to increase its ownership in U.S. lender KeyCorp to as much as 19.99%.
The move would deepen BNS's exposure to the U.S. banking market and expand its influence in North American financial services.
The development comes as BNS shares last closed at CA$93.88, with a value score of 3.
For investors watching TSX:BNS, this potential stake increase in KeyCorp comes after a mixed stretch for the share price. The stock is down 1.2% over the past 7 days and 9.3%...