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KeyCorp (KEY) has sold its asset management and broker-dealer businesses for more than $50 million less than originally anticipated.
August 2 -
Cost-cutting is ahead of schedule at KeyCorp, CEO Beth Mooney said. But analysts asked whether the Cleveland bank is doing enough.
January 24 -
Maria Teresa Tejada will join the $89 billion-asset company on Aug. 12, it said Tuesday. She succeeds William Hartmann, who was promoted to chief risk officer last July, a KeyCorp spokeswoman said.
June 11
KeyCorp (KEY) has promoted a veteran executive, Randy Paine, to the positon of president of its broker/dealer and corporate and investment banking subsidiary, the Cleveland company
Paine, previously co-head of KeyBanc Capital Markets, will also oversee Key's public finance and public sector divisions.
"Randy is a highly respected leader with a proven ability to build teams that drive results," Key Corporate Bank president Christopher Gorman said in a press release. "We're fortunate to have the depth of talent that allows us to promote from within the organization to lead this unique and important business."
Paine joined Key and its predecessor companies in 1993.
KeyCorp, with assets of $91 billion, has more than 1,000 offices in 14 states.
