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Federal Reserve Board announces approval of application by The Bank of Nova Scotia

December 12, 2024

Federal Reserve Board announces approval of application by The Bank of Nova Scotia

For release at 4:30 p.m. EST

The Federal Reserve Board on Thursday announced its approval of the application by The Bank of Nova Scotia, Toronto, Canada, to acquire up to 14.99 percent of the voting shares of KeyCorp and thereby indirectly acquire KeyBank National Association, both of Cleveland, Ohio.

Attached is the Board's order relating to this action.

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