KeyCorp announced Q2/15 earnings of $230 million compared to $242 million a year earlier. The bank noted a $41 million provision charge that was up from $12 million in Q2/14.
Beth Mooney, CEO and chairman of KeyCorp, received the top spot on American Banker Magazine’s esteemed The 25 Most Powerful Women in Banking list for the second year in a row.
KeyCorp announced it entered into an agreement to acquire Pacific Crest Securities, a technology focused investment bank and capital markets firm located in Portland, OR.
KeyCorp said Beth Mooney, the company’s chairman and CEO, has been named No. 1 on American Banker’s “The 25 Most Powerful Women in Banking” list.
KeyCorp closed on its agreement to sell Victory Capital Management and its broker dealer affiliate Victory Capital Advisers to the employees of Victory and Crestview Partners.
KeyCorp named Maria Teresa Tejada chief credit officer effective August 12, 2013. She joins Key after more than 16 years with Goldman Sachs in New York and London.
KeyCorp said Donald R. Kimble, a finance executive with more than 25 years of experience in financial services, will join the company as its CFO. He previously served as CFO of Huntington Bancshares.