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KeyCorp to acquire U.K.-based investment bank
KeyCorp, the parent company of KeyBank, is set to acquire Clearwater Corporate Finance, a U.K.-based investment banking advisory firm, marking its strategic entry into the Western European market. This acquisition, building on a prior collaboration, aims to expand Key’s financial advisory services, offering U.S. clients access to European acquisition targets and European clients access to the U.S. M&A market. The transaction is expected to close in the second half of 2026, subject to regulatory approvals.