NYSE:KEY

KEYBANK LAUNCHES VIRTUAL ACCOUNT MANAGEMENT SERVICES POWERED BY QOLO'S TECHNOLOGY PLATFORM

Retrieved on: 
Tuesday, May 7, 2024
ACH, DDA, Treasury, KeyBank, RTP, API, Cryptocurrency

CLEVELAND, May 7, 2024 /PRNewswire/ -- KeyBank (NYSE: KEY) announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure. KeyVAM is a technology-enabled cash management solution powered by Qolo, providing clients with the ability to manage multiple clients or cost centers with custom virtual account structures, automated reporting and reconciliation, an intuitive user interface, and fast, easy API integration. With Qolo's omnichannel payments platform businesses can instantly open or close new subaccounts using self-service tools. This collaboration with Qolo marks another innovative fintech solution from KeyBank designed to make cash management easier for treasurers across the United States, solving their complex payments and financing needs.

Key Points: 
  • CLEVELAND, May 7, 2024 /PRNewswire/ -- KeyBank (NYSE: KEY) announced the launch of KeyVAM, a virtual account management solution for treasury management clients who have complex demand deposit account (DDA) structures and want to streamline their cash-flow and account structure.
  • KeyVAM is a technology-enabled cash management solution powered by Qolo, providing clients with the ability to manage multiple clients or cost centers with custom virtual account structures, automated reporting and reconciliation, an intuitive user interface, and fast, easy API integration.
  • With Qolo's omnichannel payments platform businesses can instantly open or close new subaccounts using self-service tools.
  • "This collaboration with KeyBank marks a giant leap forward in making next-generation financial technology available to businesses of all sizes and in any market."

KEYCORP ANNOUNCES 2025 QUARTERLY EARNINGS CONFERENCE CALL DATES

Retrieved on: 
Tuesday, May 7, 2024
Multimedia, FDIC, KeyBank, Acquisition

CLEVELAND, May 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates:

Key Points: 
  • CLEVELAND, May 7, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates:
    Fourth quarter 2024 – Tuesday, January 21st, 2025 at 8 a.m.
  • ET
    Second quarter 2025 – Tuesday, July 22nd, 2025 at 9 a.m.
  • ET
    Third quarter 2025 – Thursday, October 16th, 2025 at 10 a.m.
  • If you are unable to join any of the live conference calls, or wish to hear a re-broadcast, access www.key.com/ir and select Quarterly Earnings Results.

KEY PRIVATE BANK WINS 'BEST REGIONAL PRIVATE BANK' AT THE 2024 FAMILY WEALTH REPORT AWARDS

Retrieved on: 
Friday, May 3, 2024
Consultant, FWR, KeyBank, Knowledge, Private banking, Financial services

CLEVELAND, May 3, 2024 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), announced that it was awarded "Best Regional Private Bank" at the Eleventh Annual Family Wealth Report Awards (FWR).

Key Points: 
  • CLEVELAND, May 3, 2024 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), announced that it was awarded "Best Regional Private Bank" at the Eleventh Annual Family Wealth Report Awards (FWR).
  • Key Private Bank was selected for the "Best Regional Private Bank" from a finalist list of distinguished banks.
  • "We are pleased to be recognized by Family Wealth Report for the second time as the Best US Regional Private Bank," said Cathy O'Malley Kearney, national director and head of Key Private Bank.
  • Founded in 2004, ClearView Financial Media is a respected provider of business intelligence in the private banking, wealth management and family office space.

KeyBank Survey Finds Signs of Confidence with Small Business Owners Coupled With Concerns about Inflation, Fraud and Political Noise

Retrieved on: 
Thursday, May 2, 2024
Leg, Ambiguity, Small business, Policy, Uncertainty, Theft, SBA, Business, Employment, Risk management, Eye, Bank, Momentive (software company), KeyBank, Fraud

CLEVELAND, May 2, 2024 /PRNewswire/ -- Often the first to feel the effects of inflation and economic volatility, small business owners are optimistic about their businesses, even as economic challenges remain. KeyBank's 2024 Small Business Survey found that 65% of small business owners feel confident they could fund their operating expenses for one month with their cash reserves, if an unexpected need arose.

Key Points: 
  • KeyBank's 2024 Small Business Survey found that 65% of small business owners feel confident they could fund their operating expenses for one month with their cash reserves, if an unexpected need arose.
  • Despite these concerns, small business owners are well-adjusted and taking precautionary measures to protect their businesses—and the employees and communities they serve.
  • Banks are at a pivotal moment to help their small business clients navigate cash flow and business operation concerns—and small business owners are turning to them for advice.
  • KeyBank offers a range of tools, including the KeyBank Small Business Check-In , KeyBank Small Business Financial Review and the Business Cash Flow Calculator .

KeyBank Receives 11th Consecutive "Outstanding" Rating from the OCC on Community Reinvestment Act Exam

Retrieved on: 
Wednesday, April 10, 2024
Corporation, CRA, Investment, Comptroller, Housing, Paycheck Protection Program, Partnership, PPP, Act, KeyBank, Community Reinvestment Act, Community development, Community, Quality of life, OCC, LMI, Bank

CLEVELAND, April 10, 2024 /PRNewswire/ -- KeyBank (NYSE: KEY) has earned its 11th consecutive "Outstanding" rating from the Office of the Comptroller of the Currency (OCC) on its most recent Community Reinvestment Act (CRA) exam. KeyBank has maintained a rating of "Outstanding" from the OCC for 11 consecutive review periods since the Act's passage in 1977.

Key Points: 
  • CLEVELAND, April 10, 2024 /PRNewswire/ -- KeyBank (NYSE: KEY) has earned its 11th consecutive "Outstanding" rating from the Office of the Comptroller of the Currency (OCC) on its most recent Community Reinvestment Act (CRA) exam .
  • KeyBank has maintained a rating of "Outstanding" from the OCC for 11 consecutive review periods since the Act's passage in 1977.
  • "Our long record of 'Outstanding' CRA ratings is a testament to our enduring commitment to being both a responsible bank and responsible citizen.
  • For more information about KeyBank's community investments, visit our corporate responsibility page: https://www.key.com/about/corporate-responsibility/cr-overview.html .

KeyBank Affirms Commitment to Accessible and Affordable Pathways to Homeownership

Retrieved on: 
Monday, April 8, 2024
HOPE, Education, KeyBank, Investment, National Association, Marketing, Operation, Real estate

CLEVELAND, April 8, 2024 /PRNewswire/ -- As part of its commitment to helping clients on their individual financial journeys, KeyBank (NYSE:KEY) continues to offer resources and education for those seeking to achieve the dream of homeownership.

Key Points: 
  • "We recognize that the homebuying process can feel daunting and we are committed to helping our clients achieve their financial goals," said Dale Baker, President of KeyBank Home Lending.
  • "KeyBank continues to invest in resources, programs and community partnerships to help clients understand their unique financial pictures, address the barriers to homeownership, and improve their overall financial resiliency."
  • To this end, KeyBank committed more than $1 million in 2023 to homebuyer education and other community support.
  • "At KeyBank, we believe in turning aspirations into achievable milestones," said Rachael Sampson, KeyBank's Head of Community Banking for the Consumer Bank.

NEUBERGER BERMAN AND KEY WEALTH ANNOUNCE A PROPRIETARY CUSTOMIZED DIRECT INVESTMENT OFFERING FOR KEY PRIVATE BANK CLIENTS

Retrieved on: 
Monday, March 18, 2024
Neuberger Berman, Tax, HNW, KeyBank, SMA, UHNW, Key, NB, ETF, Financial services

CLEVELAND and NEW YORK, March 18, 2024 /PRNewswire/ -- Neuberger Berman, an employee-owned, private, independent investment manager, and Key Wealth, the wealth management business of KeyCorp (NYSE:KEY), announced the introduction of Neuberger Berman's Custom Direct Investing (NB CDI™) solution to tax optimize Key Wealth equity strategies for long-term wealth growth for Key Wealth's high net worth (HNW) and ultra-high net worth (UNHW) clients.

Key Points: 
  • The NB CDI™ platform will provide custom implementation of Key Wealth's proprietary equity strategies including Key Core Equity, Key Sustainable Equity Advantage and Key High Dividend.
  • The customization offered by NB CDI™ aims to enhance Key's existing strategies by seeking to provide clients consistent tax alpha with precise tax loss harvesting.
  • This approach is designed to not only seek to increase after-tax investment returns but also to elevate the overall client experience.
  • "We're excited to introduce Neuberger Berman's Custom Direct Investing platform as part of our proprietary equity strategies for our HNW and UHNW clients," said Jonathan Theberge, Director of Wealth Services for Key Wealth.

KEYCORP TO PRESENT AT THE 2024 RBC CAPITAL MARKETS GLOBAL FINANCIAL INSTITUTIONS CONFERENCE

Retrieved on: 
Monday, February 26, 2024
Acquisition, KeyBank, FDIC, Multimedia, Conference

CLEVELAND, Feb. 26, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Clark Khayat, Chief Financial Officer, will present at the 2024 RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 5, 2024, at 10:40 a.m.

Key Points: 
  • CLEVELAND, Feb. 26, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Clark Khayat, Chief Financial Officer, will present at the 2024 RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 5, 2024, at 10:40 a.m.
  • KeyCorp plans to review its performance, strategy, and outlook.
  • The live audio webcast of the conference call will be available at www.key.com/ir .
  • If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations.

KEYCORP ANNOUNCES STACY L. GILBERT TO SUCCEED DOUGLAS M. SCHOSSER AS CHIEF ACCOUNTING OFFICER

Retrieved on: 
Monday, February 26, 2024
Accounting, KeyBank, External, FirstMerit Corporation, Policy, Management

CLEVELAND, Feb. 26, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced that Douglas M. Schosser, currently Chief Accounting Officer, will be leaving the company to pursue a senior executive position at another company, effective March 15, 2024.

Key Points: 
  • CLEVELAND, Feb. 26, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced that Douglas M. Schosser, currently Chief Accounting Officer, will be leaving the company to pursue a senior executive position at another company, effective March 15, 2024.
  • Stacy L. Gilbert will succeed him as KeyCorp's Chief Accounting Officer at that time.
  • Stacy first joined Key in 2002, holding a variety of accounting roles, before leaving to join FirstMerit Corporation in 2008.
  • "I would like to congratulate Stacy on her appointment," said Clark Khayat, Chief Financial Officer of KeyCorp.

KEY PRIVATE BANK WINS AWARD FOR 'PRIVATE BANKING CLIENT SERVICE' AT THE 2024 PRIVATE ASSET MANAGEMENT AWARDS

Retrieved on: 
Friday, February 9, 2024
KeyBank, PAM, Private Asset Management, Financial services

CLEVELAND, Feb. 9, 2024 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), was awarded for the best "Private Banking Client Service" at the Private Asset Management (PAM) Awards in New York City.

Key Points: 
  • CLEVELAND, Feb. 9, 2024 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), was awarded for the best "Private Banking Client Service" at the Private Asset Management (PAM) Awards in New York City.
  • For more than two decades, the PAM Awards have recognized high performing firms and wealth advisors operating within the private wealth industry.
  • Key Private Bank was selected for the best "Private Banking Client Service" from a shortlist of four distinguished private banking firms.
  • This is the fourth time Key Private Bank has received an award for its client service.