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January 13, 2013
17:53 EDTKEYKeyCorp looks prosperous, could be worth $11 per share, Barron's says
With an estimated Tier I common-equity ratio of 11.4%, KeyCorp (KEY) is currently trading at a 5% discount to book value. The bank continues to repurchase shares below book value and a dividend increase is feasible, Barron's contends. Reference Link
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July 17, 2014
16:19 EDTKEYKeyCorp to acquire Pacific Crest Securities
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06:41 EDTKEYKeyCorp acquires Pacific Crest Securities
Chairman and CEO Beth Mooney stated, "Today, we announced that we have entered into an agreement to acquire Pacific Crest Securities, a leading technology-focused investment bank and capital markets firm. Adding technology expertise to our Corporate Bank will enhance our model and capabilities to accelerate growth while also underscoring our commitment to be the leading corporate and investment bank serving middle market companies. This transaction is subject to regulatory approval and is expected to close in Q3."
06:37 EDTKEYKeyCorp reports Q2 EPS 27c, consensus 26c
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