KEYCORP /NEW/ News
KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
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6d
JPMorgan's $19.8B Tech Bet, Citi's Stock Slump Now
- JPMorgan is accelerating technology and AI investment while absorbing a near-term cost surge; Citigroup’s shares slipped amid restructuring doubts and elevated trading. Regulatory moves on credit-card rates and rising expense bases are reshaping investor expectations across big banks.
13d
Regional Banks Rally: KRE Breakout, PNC Resilient.
Regional banks diverged this week: KRE led a broad sector rally while large S&P 500 banks showed mixed results. PNC and BNY Mellon displayed relative strength, Regions and Ameriprise slipped, and rising delinquencies remain the key credit risk to monitor.
20d
Regions Rally, Santanders Webster Buy Shakes Banks
Recent events—Santander’s acquisition of Webster and Regions Financial’s strong rally—are reshaping sentiment in the U.S. regional banking space. Rate-cut dynamics, dividend growth, and accelerating M&A underpin the move, while a proposed credit-card rate cap poses a concrete regulatory risk.