A merger of KeyCorp and National City Corp. would create an Ohio banking giant with $164 billion of assets and $93 billion of deposits, but it would still be far behind Bank One Corp. in terms of Midwest dominance.

Rumors of such a combination caused both companies' shares to surge this week.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.