The Canadian bank announced in August a plan to acquire a 14.9% stake in KeyCorp
Loans and margins are growing, but credit provisions and expenses up too
BMO, RBC poised to benefit most, Scotiabank's strategy faces risks: DBRS
Scotia-backed firm will launch this month with 70% Indigenous ownership
Deposit costs will ease, but it will take time for banks' margins to improve
Higher loan-loss reserves drag on Q3 net income, despite revenue gains
Asset quality, capital expected to remain strong
DBRS estimates $27 billion in capital needed to keep ratios at current levels
Easing financial pressures are expected to slow decline in credit quality, boost loan demand
Despite challenges, overall revenue grew