America’s regional banks are staking their claims to states primed for growth, focusing on Florida, Texas and other parts of the US South with expanding populations and increasing wealth.
A commercial bank at its core, Cleveland-based KeyCorp plans to push westward to increase its share of retail deposits in new-economy states such as Washington, home to blue-chip names including
Chris Gorman during an interview in New York on Nov. 5.
Photographer: Victor J. Blue/Bloomberg
“I think the markets in the Pacific Northwest are very rational markets,” Chief Executive Officer