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Based on the most helpful WSO content, an introductory call for two groups at KeyBanc for a Summer Analyst position can often serve as a preliminary step before the formal first-round interview. These calls are typically used to gauge your interest, fit for the role, and to provide you with more information about the groups and the firm. While it might not be a formal interview with technical questions, it's crucial to treat it with the same level of seriousness. You should be prepared to discuss your background, why you're interested in KeyBanc and those specific groups, and have thoughtful questions ready to ask about the roles and the firm's culture. This is your opportunity to make a strong first impression and express your genuine interest in the position.

Sources: https://www.wallstreetoasis.com/forum/job-search/my-2-cents-on-sa-recruiting-from-a-non-target-background?customgpt=1, First round phone screen interview with HR... answers to have for sure?, Should I accept this offer for 2021 SA?, KBW SA 2022, Baird Summer 2020

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