KeyCorp operates as a bank-based financial services company. The company provides deposit, lending, cash management and investment services to individuals and to small and medium-sized businesses through its subsidiary, KeyBank. The company also provides a range of corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States through its subsidiary, KeyBanc Capital Markets. As of December 31, 2013, KeyBank operated 1,028 full-service retail banking branches and 1,335 automated teller machines in 12 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. Segments The company has two major segments: Key Community Bank and Key Corporate Bank. Key Community Bank serves individuals and small to mid-sized businesses by offering a variety of deposit, investment, lending, credit card, and personalized wealth management products and business advisory services. These products and services are provided through relationship managers and specialists working in 12-state branch network, which was reorganized during 2013 into 9 internally-defined geographic regions: Oregon and Alaska, Washington, Rocky Mountains, Indiana, Western Ohio and Michigan, Eastern Ohio, Eastern New York, New England, and Western New York. Key Corporate Bank is a full-service corporate and investment bank focused principally on serving the needs of middle market clients in six industry sectors: consumer, energy, healthcare, industrial, public sector and real estate. Key Corporate Bank delivers a product suite of banking and capital markets products to its clients, including syndicated finance, debt and equity capital markets, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance. Key Corporate Bank is also a significant servicer of commercial mortgage loans and a significant special servicer of Commercial mortgage-backed securities. Key Corporate Bank delivers many of its product capabilities to clients of Key Community Bank. History KeyCorp was founded in 1849.
keycorp (KEY:New York)
127 Public Square
Cleveland, OH 44114
|Comerica Inc||$48.57 USD||-0.01|
|M&T Bank Corp||$121.64 USD||+1.25|
|Regions Financial Corp||$10.34 USD||+0.07|
|SLM Corp||$25.51 USD||+0.65|
|View Industry Companies|
Post a JobJobs
Sponsored Financial Commentaries
To contact KEYCORP, please visit www.key.com. Company data is provided by Capital IQ. Please use this form to report any data issues.