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Keycorp CEO Chris Gorman says clients are optimistic despite tariffs uncertainty
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Keycorp CEO Chris Gorman says clients are optimistic despite tariffs uncertainty
Feb 11, 2025 6:30 AM

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.

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