Beth Mooney is taking KeyCorp to new heights through bold deal making and with a relentless commitment to doing what's right for customers, employees and communities.
The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. It recent agreement to buy a deposit-rich franchise in California could help it get there.
CapStar in Tenn. claims Gaylon Lawrence violated the Change in Bank Control Act by building a 10% stake without prior Fed approval. The company is convinced Lawrence's long-term plan includes a hostile takeover.
The deal for PayPal’s consumer loan portfolio will make Synchrony a bigger player in e-commerce. And the agreement helps the Silicon Valley payments giant achieve its goal of reducing its exposure to the credit cycle.
