KeyBanc Capital Markets Inc. Names Brad Swanson A Managing Director

KeyBanc Capital Markets Inc. named Brad T. Swanson as managing director in its consumer and retail group. KeyCorp’s investment banking arm also hired Scott Green as an associate. Both will be based in Atlanta. Swanson will lead investment banking efforts in the restaurants and food service/distribution space. Swanson previously worked at RBC Capital Markets.

PRESS RELEASE

CLEVELAND, Ohio (August 30, 2010) – KeyBanc Capital Markets Inc., the investment banking arm of KeyCorp (NYSE:KEY), recently announced that Brad T. Swanson has joined the firm as a managing director in its Consumer & Retail Group. Scott Green has also joined KBCM’s Consumer & Retail Group as an associate, and will work closely with Mr. Swanson. They will be based in Key’s Atlanta office.

Mr. Swanson brings more than 13 years of investment banking experience to his position, and will lead Key’s investment banking efforts in the Restaurants and Food Service/Distribution space. Over the course of his investment banking career, Mr. Swanson has acquired significant transaction and advisory experience providing capital markets and M&A counsel to clients in the restaurant, food service and food retail sectors, as well as a variety of other consumer oriented clients.

“Brad’s network of relationships and industry insight, combined with his strategic M&A and capital markets expertise, will enhance our position as a trusted advisor to our clients in the restaurant industry,” said Andrew R. Vollmer, managing director and head of KeyBanc Capital Markets’ Consumer and Financial Sponsors groups. “I look forward to working with Brad as we expand our restaurant coverage efforts going forward.”

“I am delighted to join KeyBanc Capital Markets, an established firm with strong corporate and investment banking capabilities, and a relationship driven approach to the market,” said Mr. Swanson. “I believe KeyBanc Capital Markets has the right platform and capabilities to add significant value to restaurant and food service companies and I look forward to delivering this platform to our clients.”

Prior to joining Key, Mr. Swanson spent over eight years at RBC Capital Markets where he led the firm’s restaurant investment banking efforts and also led RBC’s overall Consumer practice for a period of time. Mr. Swanson started his investment banking career at Alex Brown & Sons, which later became Deutsche Bank Alex Brown.

Before earning his MBA from the Kellogg Graduate School of Management at Northwestern University, Mr. Swanson was a Naval Aviator and flew 25 combat missions during Operation Desert Storm. Mr. Swanson earned a B.S. in Aerospace Engineering from the University of Minnesota.

About KeyBanc Capital Markets:
KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member NYSE/FINRA/SIPC, and KeyBank National Association (“KeyBank N.A.”), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives, who may also be employees of KeyBank N.A. Banking products and services, are offered by KeyBank N.A.

About KeyCorp:
Cleveland-based KeyCorp (NYSE: KEY) is one of the nation’s largest bank-based financial services companies, with assets of approximately$94 billion at June 30, 2010. Key companies provide investment management, retail and commercial banking, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. In 2009, KeyBank was awarded its seventh consecutive “Outstanding” rating for economic development achievements under the Community Reinvestment Act, the only national bank among the 50 largest in the United States to achieve this distinction from the Office of the Comptroller of the Currency. Key has also been recognized for excellence in numerous areas of the multi-channel customer banking experience, including Corporate Insight’s 2009 Bank Monitor for online service. For more information about Key, visit https://www.key.com/.