UMB Financial Corporation has discontinued the use of Moody's Investors Service for rating both its UMBFC and UMB Bank n.a.

The company said it will continue to use Fitch Ratings and Standard & Poor's to provide independent monitoring and financial strength rating, and said two ratings agencies is sufficient for its business needs.

UMB does not have any outstanding public debt.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.