CLEVELAND, June 21, 2018 /PRNewswire/ -- KeyCorp (NYSE:
KEY) announced today that it has reported its 2018 Company-Run
Stress Test Results and Process, as required by the Dodd-Frank Act,
on the Regulatory Disclosures and Filings page of its website,
www.key.com/ir. The disclosure includes stress test results for
KeyCorp and KeyBank, but does not take into account any capital
actions Key may have requested under the Federal Reserve's 2018
Comprehensive Capital Analysis and Review process ("CCAR").
KeyCorp's Company-run stress test results are not necessarily
indicative of Key's performance as part of CCAR, and no positive or
negative inference about KeyCorp's CCAR results (including any
potential capital actions) should be drawn from these Company-run
stress test results. The Federal Reserve plans to publicly release
the results of CCAR on Thursday, June 28,
2018.
About KeyCorp
KeyCorp's roots trace back 190 years to
Albany, New York. Headquartered in
Cleveland, Ohio, Key is one of the
nation's largest bank-based financial services companies, with
assets of approximately $137.0
billion at March 31, 2018. Key
provides deposit, lending, cash management, and investment services
to individuals and businesses in 15 states under the name KeyBank
National Association through a network of approximately 1,200
branches and more than 1,500 ATMs. Key also provides a broad
range of sophisticated corporate and investment banking products,
such as merger and acquisition advice, public and private debt and
equity, syndications, and derivatives to middle market companies in
selected industries throughout the United
States under the KeyBanc Capital Markets trade name. For
more information, visit https://www.key.com/. KeyBank is Member
FDIC.
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SOURCE KeyCorp