BOK Financial, headquartered in Tulsa, Oklahoma, is one of the top 30 U.S. based bank holding companies. At more than $40 billion in assets, it is one of the largest bank holding companies in the United States. BOK Financial's holdings include BOKF, NA, BOK Financial Securities, Inc. and Cavanal Hill Investment Management, Inc. BOKF, NA operates the TransFund electronic funds network and four banking divisions: Bank of Albuquerque, Bank of Oklahoma, Bank of Texas and BOK Financial.
How AI Agents and Crypto Will Revolutionize Commerce
Web3 technologies are poised to transform the world of commerce just as Web2 revolutionized access to information. The result will be a vast, open, liquid digital marketplace where all physical goods ...
‘Leveraged to the hilt’: PE-backed firms hit by wave of bankruptcies
Higher interest rates and lower consumer spending are squeezing debt-laden companies backed by private equity groups, forcing them to either restructure through bankruptcy or buy time to recover via o...
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
WaFd Bank is exiting the single-family mortgage lending business, spurring an 8% reduction in the lender’s workforce, the Seattle-based bank said Thursday. The job cuts affect 174 employees, based on ...
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth ‘highly likely’ to miss forecasts
The Bank of Korea held its benchmark policy rate at 3% in a surprise move so as to assess changes in domestic and external economic conditions. The BOK’s decision surprised economists polled by Reuter...
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the “final step” in the easing process.
Even with the full ...
20 banks and thrifts with the most home equity loans
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China will sharply increase funding from treasury bonds to spur growth in 2025
China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing cranks up ...
Blockchain vs. SWIFT: Why Traditional Systems Can't Keep Up in the Global Economy
Cross-border payments keep the world connected, fueling everything from international trade to daily transactions. However, in the rapidly developing world, traditional systems like SWIFT might find t...
Why BlackRock is shelling out $12bn for private credit shop HPS
HPS Investment Partners could hardly be more different than its suitor, BlackRock. Whereas BlackRock, an $11.5tn powerhouse, is best known for investing clients’ funds across huge swaths of public mar...