Frankfurt-based Commerzbank has made an alliance with $72 billion-asset KeyCorp, to sell international banking services to Key's U.S. business clients doing business in Eastern Europe, the Russian Federation, and central Asian countries.

KeyCorp said in a statement that the agreement will help provide cash management and trade-related and consultative services to corporate clients from the Midwest, Northwest, and Northeast markets. Commerzbank will also help Key's clients who are establishing a presence or operating in those countries, via its own network in Eastern Europe and the Russian Federation.

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.