Hoping to raise its profile in corporate banking, KeyCorp is shifting some of its fastest-growing financing businesses into a new stand-alone subsidiary.

Key Corporate Finance will house the banking company's health-care and media financing groups, as well as its structured finance and leasing operations. While the new unit will comprise only 20% of KeyCorp's 1,125- member corporate finance work force, it will boast about 50% of the company's corporate banking assets.

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