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  5. BNS: Thoughts on BNS's minority stake acquisition of KeyCorp? [Bank of Nova Scotia (The)]

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Q: Thoughts on BNS's minority stake acquisition of KeyCorp? Initial market reaction is not positive, but wondering if this is a good time to add to a position?
Asked by Arneh on August 12, 2024
5i Research Answer:
We are of mixed views here. KEY has had some unrealized losses on its books and needed a capital...
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