KeyCorp
KeyCorp
With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
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Joe Skarda, who was previously managing director of JPMorgan Chase’s U.S. wealth management central division, will oversee a unit that houses Key’s private bank, family wealth and mass affluent business segments.
April 30 -
Institutions large and small are either creating new positions or elevating existing diversity heads to C-suite roles. Will the moves help banks improve equality within their ranks and better serve their communities?
August 9 -
The stars aligned for the two longtime rivals to join forces, and some observers speculate that other regional banks will need to strike similar partnerships if they hope to remain competitive. But others say such deals are rare because they're hard to pull off.
February 7 -
The bank recruited a former executive from Vanderbilt University’s investment office to assume a newly created post directing its third-party manager research efforts.
July 2 -
Many advisors in branches today "don't want to ride the circuit and go to three other branches and have smaller-dollar clients," says industry observer.
August 9 -
The rep was suspended for 18 months and fined $7,500 for allegedly adding his wife as a 50% primary beneficiary to a customer's variable annuity without the customer's knowledge.
June 15 -
More banks are implementing second-story adviser programs as they embrace advice-based client relationships in the wake of the fiduciary rule.
June 13 -
KeyCorp acquired the personal financial management tool for an undisclosed sum.
June 1 -
As second-story advisers, they can focus on servicing their books without the burden of helping the branches with training and sales development.
May 17 -
Banks have warmed up to digital wealth management tools but will need to use their human advisers, too, to beat fintechs.
May 12 -
Tom Scaturro will lead Key Private Bank market teams in Florida and the Hudson Valley/metro New York region.
April 6 -
The former Wells Fargo executive will command a team of 10 local private bankers in the Hudson Valley and metro New York market.
March 7 -
11 executives were recently tapped to lead wealth management and related investment services teams at Bank of the West, BNY Mellon, Key Private Bank and U.S. Bank. Find out who they are and what their new roles entail.
January 19 -
The bank hired its first chief investment officer seven months after recruiting the former leader of a family office to a new post as national head of investments.
December 20 -
Eleven executives were tapped this year to lead wealth management and related investment services groups at Key Private Bank, Regions Bank, U.S. Bank, Wells Fargo Private and Wilmington Trust. Find out who they are and what their new roles entail.
June 22 -
The appointment to the newly created post is part of the bank's strategy to expand its client offering.
May 22