NEW YORK, Feb 11 (Reuters) - Keycorp ( KEY ) CEO Chris Gorman
said the bank's clients remain optimistic, despite the
uncertainty created by new import tariffs.
"I do think tariffs are inflationary, and create some
uncertainty", Gorman said during a financial services conference
on Tuesday.
But Gorman added that the tariffs currently in place are
similar to the ones the U.S. has already adopted before and
"lived through". The Keycorp ( KEY ) CEO said a survey with clients
showed that many are optimistic and 62% expect to work on
strategic M&A over the next year.