KeyCorp suffers $1.13B quarterly loss, biggest in its history

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KeyCorp suffers $1.13B quarterly loss, biggest in its history

Wednesday, July 23, 2008

By James Schlett
Gazette Reporter

KeyCorp posted the biggest quarterly net loss in its 183-year history — owing largely to a $1 billion charge stemming from a federal judge’s May decision saying the KeyBank parent ran a tax shelter in Germany.
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