KEY PRIVATE BANK HONORED FOR 'PRIVATE BANKING CLIENT SERVICE' AT THE 2025 PRIVATE ASSET MANAGEMENT AWARDS

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KeyBank's wealth management division, Key Private Bank, has been awarded for 'Private Banking Client Service' at the 2025 Private Asset Management (PAM) Awards in New York City, marking their fifth recognition in this category. The award acknowledges the bank's excellence in providing customized wealth management and financial planning solutions to high-net-worth clients.

Key Private Bank, managing $55 billion in AUM and $60 billion in AUA as of December 31, 2024, operates across 15 states. The parent company, KeyCorp (NYSE:KEY), holds assets of approximately $187 billion and maintains a network of about 1,000 branches and 1,200 ATMs, offering comprehensive banking services including corporate and investment banking products.

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• Assets Under Management (AUM) of $55 billion and Assets Under Administration (AUA) of $60 billion
• Strong market presence with 1,000 branches and 1,200 ATMs across 15 states
• Total assets of $187 billion as of December 31, 2024

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• None.

KeyBank's exceptional client service recognized for the fifth time

CLEVELAND, Feb. 7, 2025 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), was awarded for the best "Private Banking Client Service" at the Private Asset Management (PAM) Awards in New York City.

For more than two decades, the PAM Awards have recognized high performing firms and wealth advisors operating within the private wealth industry. An independent panel of industry experts evaluates both qualitative and quantitative performance indicators to select the winners.

Key Private Bank was selected for the best "Private Banking Client Service" from a shortlist of three distinguished private banking firms. The award recognizes industry-leading firms providing best-in-class services and innovative wealth management solutions to clients. This is the fifth time Key Private Bank has received this award.

This distinct award highlights Key Private Bank's commitment to delivering highly customized, best-in-class wealth management and financial planning solutions through exceptional client service in the high-net-worth and ultra-high-net-worth market.

"Our team of advisors are committed to providing clients with comprehensive, best-in-class wealth management and financial planning solutions with exceptional service," said Cathy O'Malley Kearney, Head of Key Private Bank. "We are delighted to be recognized again this year for outstanding client service by the PAM Awards."

About Key Private Bank

Key Private Bank is a leading provider of wealth management solutions and advice for high-net worth and ultra-high-net-worth clients, including wealth advisory, investment management, trust administration, customized credit, family office and private banking services. Key's wealth management platform combines the market insights of local advisors with a national team of wealth and investment strategists to deliver proactive and personalized advice and expertise to clients. Advisors also leverage partnerships with Key's business banking and capital markets teams to build wealth plans tailored to meet each client's specific need. Key Private Bank's wealth management platform is delivered across 15 of the United States. Key Private Bank has $55 billion in AUM and $60 billion in AUA at December 31, 2024.

About KeyCorp

KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $187 billion at December 31, 2024.

Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

 

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SOURCE KeyBank

FAQ

What is Key Private Bank's current Assets Under Management (AUM) in 2024?

As of December 31, 2024, Key Private Bank has $55 billion in Assets Under Management (AUM).

How many branches and ATMs does KeyBank (KEY) operate in 2024?

KeyBank operates approximately 1,000 branches and 1,200 ATMs across 15 states.

What is KeyCorp's (KEY) total asset value as of December 2024?

KeyCorp's total assets were approximately $187 billion as of December 31, 2024.

How many times has Key Private Bank won the PAM Award for Private Banking Client Service?

Key Private Bank has won the Private Asset Management (PAM) Award for Private Banking Client Service five times.

What is Key Private Bank's Assets Under Administration (AUA) for 2024?

Key Private Bank's Assets Under Administration (AUA) stood at $60 billion as of December 31, 2024.