Moody's affirm BOK's ratings, changes outlook to negative from stable
Rating Action: Moody's affirm BOK's ratings, changes outlook to negative from stable. Global Credit Research- 31 Mar 2020. New York, March 31, 2020-- Moody's Investors Service has affirmed the ratings of BOK Financial Corporation and its bank subsidiary BOKF, NA and affirmed BOKF, NA's a2 standalone baseline credit assessment.BOK Financial is a financial holding company. Through its subsidiaries, the company provides service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. The company's principal lines of business are: Commercial Banking, which includes lending, treasury and cash management services and customer risk management products; Consumer Banking, which retail lending and deposit services, lending and deposit services; and Wealth Management, which provides fiduciary services, private bank services and investment advisory services, as well as underwrites state and municipal securities and engages in brokerage and trading activities.
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