KeyBank on track for 2023 cost reduction
Noninterest expenses inched up 3% to $428M in Q1
KeyBank is on track to cut costs in 2023 as the bank worked to make room for investments in customer acquisition technology and embedded banking in the first quarter. In Q1, KeyBank’s noninterest expenses increased by 4% to $428 million, according to the bank’s earnings supplement. However, the slight increase does not seem to affect […]
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