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KeyCorp Newsroom
Top 3 Financial Stocks That Are Preparing To Pump This Quarter
Mortgage Applications Fall Sharply as Rates Rise
Wells Fargo Maintains KeyCorp(KEY.US) With Buy Rating, Maintains Target Price $22
Wells Fargo Remains a Buy on KeyCorp (KEY)
KeyCorp Strengthens Board and Repositions Portfolio
KeyCorp: Jacqueline Allard and Somesh Khanna Named to Serve on the Board >KEY
KeyCorp: Allard and Khanna Each Appointed to the Board Pursuant to Scotiabank's Director Designation Rights >KEY
KeyCorp: Board of Directors Increased Size to 15 Members >KEY
Next year, the major banks in the USA will usher in a "harvest" year, and every business will "flourish everywhere"?
With the Federal Reserve likely to slow down the pace of interest rate cuts next year, higher rates are expected to expand Banks' net interest margins; incoming USA president Trump is also expected to ease regulations and scrutiny on the financial sector; Analysts surveyed by Institutions generally expect that revenues across all sectors of the world's top Banks (except for FICC Trade) will see the first growth since 2021 next year.
KeyCorp-Scotiabank Deal Closes, to Support KEY's NII Expansion in 2025
Inflation is eroding bottom-tier consumption, and the USA credit card default rate has reached a new high since the financial crisis.
The credit card default rate in the USA reached its highest level since the 2008 financial crisis in the first nine months of 2024, with the total amount of bad credit card loans reaching 46 billion USD, a 50% increase compared to the same period last year. Financial pressure is gradually shifting to low-income groups, who are facing an increasingly heavy debt burden.
2025: The "spring" of the Banks arrives, resulting in a huge explosion in profits!
After experiencing a few years of ups and downs, 2025 may be the breakout year for Global large Banks!
Major banks are bullish, hedge funds are flooding in, and Bank of America stock is expected to soar next year.
Regardless of the standard used for measurement, this year has been a bumper year for Bank of America stocks. For investors in the Industry, even better days are ahead.
Sector Update: Financial Stocks Decline Friday Afternoon
Top Midday Decliners
Toronto Stocks Falter, Dragged Down by Tech and Mining Shares
KeyCorp Gets $2 Billion Investment From Scotiabank
KeyCorp: Scotiabank Now Owns About 14.9% Stake
Press Release: KEYCORP AND SCOTIABANK COMPLETE STRATEGIC MINORITY INVESTMENT
Press Release: Scotiabank Completes Additional Investment in KeyCorp