Remove Cleveland Remove Management Remove Regional
article thumbnail

Key looks to offload risk in deal with Blackstone

American Banker

The Cleveland-based regional bank is shedding credit risk in a partnership with the private equity giant Blackstone. It's the latest tie-up between asset managers and regional banks that are looking to free up balance-sheet capacity.

article thumbnail

Payroll Fraud Could Cost KeyCorp $90M

PYMNTS

Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by CNBC. In a K-8 filing, KeyCorp, which is based in Cleveland, said the fraud involved a “business customer” and that it was discovered “on or about” July 9. Shares fell on the news.

Fraud 142
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why would anyone want to listen to a podcast from an accounting firm?

Abrigo

But “ unsuitable on Rea Radio ” isn’t your typical accounting podcast, which is why it has been so successful for our firm, Rea & Associates – a regional accounting and business consulting firm headquartered in New Philadelphia, Ohio. Great job doing those.” • “I loved the podcast on cash flow.

Cleveland 150
article thumbnail

Visa’s PayWorks Acquisition, Amazon’s Prime Day Top This Week’s News

PYMNTS

Cleveland-based regional banking firm KeyCorp disclosed a massive instance of fraud that could potentially come at a cost of $90 million. The plan is to fully integrate the cloud-based processing solutions of PayWorks with Visa’s CyberSource digital payment management platform and large acquirer base. and closed at $204.87.

Cleveland 128
article thumbnail

Not a Session at Acquire or Be Acquired: Culture

Jeff For Banks

Mike Butler of Radius, although a lifelong banker, came from outside of the region and implemented a business model and cultural change at his bank with new management and a "fast fail" innovation culture. Mike is from Cleveland. And surprisingly a Yankees fan. resilience There I go. Culture, culture, culture.

article thumbnail

18 Corporate Innovation Labs In Healthcare

CB Insights

” Here, a team of over 60 professionals in healthcare, design, IT, and project management work around a business strategy called design thinking. This simplifies the prescription filling process for patients and improves pharmacy inventory management. Cleveland Clinic — Cleveland Clinic Innovations (CCI).

article thumbnail

Pandemic: No Problem. And Messages From Our Financial Services Providers

Jeff For Banks

Highlight charities and wealthier individuals that are supporting the same, such as Kevin Love of the Cleveland Cavaliers donating $100,000 to support arena workers. Contact Information: BBT.com Find up-to-date branch hours and other information to manage your accounts 800.BANK.BBT Not hoarding.

ATM 78