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Cleveland, Ohio-based KeyCorp (KEY) provides various retail and commercial banking products and services in the United States. With a market cap of $17.7 billion, the company operates in two segments: Consumer Bank and Commercial Bank.
Companies worth $10 billion or more are generally labeled as “large-cap” stocks, and KeyCorp fits this criterion perfectly. The company also provides a broad range of sophisticated corporate and investment banking products, including merger and acquisition advice, public and private debt and equity, syndications, and derivatives, to middle-market companies in selected industries.