CLEVELAND, June 22, 2017 /PRNewswire/ -- KeyCorp (NYSE: KEY)
announced today that it has reported its 2017 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 2017
Comprehensive Capital Analysis and Review process ("CCAR").
Key'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 Key'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 Wednesday, June 28,
2017.
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 $134.5 billion at March 31, 2017.
Key provides deposit, lending, cash management, insurance,
and investment services to individuals and businesses in 15 states
under the name KeyBank National Association through a network of
more than 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