Keycorp

KeyCorp acquires Clearwater UK, marking its first Western Europe advisory platform. The deal, expected to close in late 2026, expands KeyBanc's M&A and debt advisory capabilities.

U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.

KeyBank's fraud controls are in focus following a robbery at an Ohio branch and a separate $5,000 check scam thwarted by its Positive Pay system, with KeyCorp set to report quarterly results.

Former KeyBank regional head Jim Hoffman assumes the chairmanship of ProMedica's board of trustees, following the health system's recent credit upgrade. Concurrently, KeyBank has elevated veteran banker Garet Plantz to oversee small business relationships in Alaska.

Huntington Bancshares shares stabilized around $15.50 as management confirmed its 2026 financial guidance and projected $550 million in stock buybacks for that year, while anticipating significant cost savings from recent acquisitions.

Huntington Bancshares stock rose 0.5% Wednesday, recovering from a prior sell-off, as investors assessed its 2027 EPS target of $1.90-$1.93 and $435M in projected annual cost synergies from recent acquisitions.