In a somewhat surprising move, Keycorp held a joint press conference with the governor of New York, celebrating the bank's decision to put its northeastern regional headquarters in Albany, N.Y.

Keycorp, based in Albany before it merged last year and moved to Society Corp.'s home city of Cleveland, now employs 7,200 people in New York. Before the merger, Keycorp had 8,200 New York employees.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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