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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 355
Company Information
Name: KeyCorp
Industry: Regional Banks
Description: Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $81 billion. Key companies provide investment management, retail and commercial banking,retirement, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through KeyCenters and offices; a network of more than 2,300 ATMs; telephone banking centers (1.800.KEY2YOU); and a Web site, Key.com(R), that provides account access and financial products 24 hours a day.
Financial Summary: For the nine months ended 30 September 2005, KeyCorp's total interest income increased 21% to $3.36B. Net interest income after loan loss provisions increased 14% to $1.97B. The Company's net income for the period increased 12% to $833M. Net interest income reflects higher loans and loan yields, partially offset by lower interest spreads. Earnings also suffered from decreased trust and investment services income.
Business Summary: KeyCorp is a bank holding company and a financial holding company. Its subsidiaries provide a wide range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients through three major business groups: Consumer Banking, Corporate and Investment Banking, and Investment Management Services. As of December 31, 2004, services were provided across much of the United States through subsidiaries operating 935 full-service retail banking branches (KeyCenters), a telephone banking call center services group and 2,194 automated teller machines (ATMs) in 17 states. In December 2004, Key Equipment Finance (KEF), a unit of KeyCorp, acquired American Express Business Finance Corporation (AEBF), the equipment-leasing unit of American Express' small business division.
Misc Details
Symbol: KEY
City: Cleveland
State: OH
ZIP Code: 44114
Address: 127 Public Square
Phone: 216-689-6300
Fax: 216-689-0519
Website: http://www.key.com
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