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Since March 4, BOK Financial Corp. has logged pretax losses of roughly $50 million as it decreased the carrying value of its trading securities based on sales of securities or market observations.
In a Form 8-K filed March 9, the Tulsa, Okla.-based company said investor appetite for U.S. government agency-issued mortgage-backed securities has reduced due to recent national and international events like actions expected by the Federal Reserve to fight rising inflation and market disruptions caused by Russia's invasion of Ukraine.
The majority of BOK...