New York

KeyBank, a $93 billion-asset bank headquartered in Cleveland, announced plans Friday to direct $16.5 billion in lending toward low- and moderate-income communities over five years beginning in 2017.

Texas Capital Bancshares in Dallas has hired a TD Bank executive to expand its lending to franchise-related businesses.

JPMorgan Chase has named Sarah Youngwood chief financial officer for consumer and community banking.

FSB Community Bankshares in Fairport, N.Y., plans to convert from partial mutual ownership to a fully stock-owned bank.

The Cleveland company appointed Christopher Gorman as merger integration executive, according to a news release. Gorman previously was president of KeyCorp's corporate bank.

A federal judge has allowed to proceed a lawsuit in which a Belgian investor blames Bank of New York Mellon for about $1.1 billion of losses related to its role as trustee for residential mortgage securities.

Carver Bancorp in New York has named Christina Maier its chief financial officer. Maier succeeds David Toner, who resigned from the $754 million-asset bank last month to pursue other opportunities

KeyCorp in Cleveland will retain two top First Niagara Financial Group executives after it closes its acquisition of the Buffalo, N.Y., company.

The blockchain startup Digital Asset Holdings has added Sallie Krawcheck to its board.

China Life Insurance, the nation's largest insurer, agreed to buy Citigroup's stake in China Guangfa Bank for $3 billion.