CLEVELAND, Sept. 3, 2014 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that it has closed on its acquisition of Pacific Crest Securities, a leading technology focused investment bank and capital markets firm.

The acquisition agreement was announced on July 17, 2014 and the transaction became effective today.

About KeyCorp:

KeyCorp was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key has assets of approximately $92 billion. Key provides deposit, lending, cash management and investment services to individuals, small and medium-sized businesses under the name of KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

For more information, visit https://www.key.com/. KeyBank is Member FDIC.

SOURCE KeyCorp