Chris Gorman 5.0 2 ideas

KeyCorp aims to increase ROE from 13% to 15% through the roll-off of low-yielding assets, organic growth in commercial and investment banking, and capital returns including share buybacks and dividends, with about 9% of market cap returned to investors this year.

Issues in the private credit market, such as redemptions, could benefit banks because if private credit funds stop making new loans, that lending activity will return to banks, generating more business for the banking sector.