Keycorp is teaming with Putnam Financial Services to create a family of variable annuities, said the Cleveland banking company's top mutual fund executive.

Under the arrangement with the Boston-based mutual fund company, Keycorp will offer nine variable annuities under its own label, said W. Christopher Maxwell, chief executive of Keycorp's mutual funds group.

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.