More than a few heads were turned when Keycorp announced earlier this month that it had hired R. Harold Owens to lead a start-up finance company.

Mr. Owens is a big name in the booming business of making home equity loans to people with blemished credit histories. Most recently, he was president and chief operating officer of Fleet Finance, a large, Atlanta- based unit of Fleet Financial Group.

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.