KeyCorp Financial News

13.12 / 17:01
KeyCorp Scotiabank wins regulatory approval for second phase of KeyCorp investment
Bank of Nova Scotia says it has received regulatory approval to clear the way for the second phase of its investment in U.S. bank KeyCorp.
30.12 / 13:59
markets KeyCorp Scotiabank closes US$2.8-billion acquisition of KeyCorp stake
TORONTO — Bank of Nova Scotia says it has closed its two-part deal to buy a 14.9 per cent stake in U.S. bank KeyCorp for about US$2.8 billion.
06.11 / 18:37
UPS wellness Trade President KeyCorp stage cover Here are the Canadian banks that could benefit from Trump's victory
The rise in share prices among banks in the United States on hopes that incoming president Donald Trump will deliver on his promise to lower taxes for corporations, enforce fewer regulations and focus more on reshoring could rub off on Canada’s biggest lenders as well, some analysts say.
30.08 / 18:24
markets KeyCorp Scotiabank closes first phase of investment in U.S. bank KeyCorp
TORONTO — Scotiabank says it has completed the first step in its investment in KeyCorp with the acquisition of a 4.9 per cent stake in the U.S. bank.
27.08 / 17:21
markets Trade KeyCorp Latin reports rowing Scotiabank topped profit estimates last quarter while BMO missed. Here’s why
Canada’s Bank of Montreal on Tuesday reported quarterly profit below analysts’ estimates, its sixth miss in a row, hurt by weakness in its U.S. retail segment and as the lender made bigger than expected provisions for potential bad loans.
15.08 / 16:58
markets JPMorgan Strategy KeyCorp Latin International Profiles Scotiabank lands JPMorgan team for mortgage capital markets in Texas
Bank of Nova Scotia has recruited a team of seven from JPMorgan Chase & Co. in Texas to launch a new mortgage capital markets business in Houston.
12.08 / 19:43
markets Strategy economy wellness KeyCorp stage Latin 'Strong cultural fit' — Scotiabank to invest in U.S.-based KeyCorp as it refocuses direction
Bank of Nova Scotia has agreed to buy 14.9 per cent of Cleveland-based KeyCorp for about $3.9 billion as it looks to boost its focus on developed economies and strengthen its North American footprint.
12.08 / 13:25
Trade KeyCorp Scotiabank to buy almost 15% of U.S. regional bank KeyCorp for about $2.8 billion
Bank of Nova Scotia agreed to buy a minority stake in KeyCorp, which was among the U.S. regional banks hit hardest in last year’s tumult, for about US$2.8 billion as part of a focus on North America.
12.08 / 13:12
markets COST UPS security KeyCorp Scotiabank eyes U.S. expansion with regional lender stake worth billions
Scotiabank has bought a minority stake in U.S. regional lender KeyCorp in an all-stock deal worth US$2.8 billion on Monday, as the Canadian bank pursues growth outside its saturated home market.
24.04 / 17:54
UPS Citizens JPMorgan community KeyCorp Comerica Main street banking model is being squeezed
Higher-for-longer interest rates are continuing to weigh on Main Street banks. Regional banks posted steep profit declines in the first quarter and predicted more pain ahead. The results underscore the uneven toll that two years of higher interest rates have taken on regional banks, which tend to have plain-vanilla businesses taking in deposits and making loans.
18.03 / 22:59
Booking Platform Strategy wellness KeyCorp trumpeter Neuberger Berman inks direct indexing deal with Key Wealth
Neuberger Berman is helping financial services firm KeyCorp enhance its customized portfolio offerings for wealth clients under a newly unveiled partnership.
05.12 / 17:19
Manufacturing economy Bitcoin KeyCorp show track reports economic data Stock market today: Wall Street hangs near its best level in 20 months following mixed economic data
Wall Street is hanging near its 20-month high after a mixed set of reports kept questions alive about whether the U.S. economy can pull off a perfect landing that kills high inflation and avoids a recession
23.10 / 11:41
COST Booking Citizens pandemic Shell KeyCorp Smaller Banks Look to Shrink Their Way Back to Health
Regional banks have shelled out more and more to depositors to get them to stick around. For many, that still hasn’t been enough. After an ugly third quarter, banks rolled out plans last week to try to shrink themselves back to health.
15.09 / 13:45
Provident Ford Adobe Nucor KeyCorp fall Arm, Goldman Sachs, KeyCorp rise premarket; Ford, Adobe, Nucor fall
Investing.com — U.S. futures traded in a mixed fashion Friday, as investors awaited more economic data which could provide clues ahead of next week’s Federal Reserve meeting.
25.08 / 02:11
COST Citi FIVE Fitch Moodys KeyCorp Comerica S&P downgrades multiple US banks citing 'tough' lending environment
TrendMacro chief investment officer Don Luskin says a growing economy is 'like a growing boy' on 'Making Money.'
22.08 / 16:53
COST Citi Reuters Action Moodys KeyCorp Comerica S&P downgrades these US banks on funding risk, weak profitability; check details
real estate sector as expected to put lenders' creditworthiness to the test, reported Reuters. Banks have been forced to pay out higher interest rates in order to prevent depositors from running away to other high-yielding options due to the US Federal Reserve's unrelenting campaign of rate hikes.
22.08 / 12:39
COST Citi Action Moodys KeyCorp Comerica S&P downgrades multiple US banks on growing liquidity worries
(Reuters) -S&P Global cut its credit ratings and outlook on multiple U.S. regional banks on Monday, saying higher funding costs and troubles in the commercial real estate (CRE) sector would likely test their credit strength.

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