Moody's, Investors Service upgraded the long-term debt rating of Norwest Inc. and raised the ratings of two of its subsidiary banks - Norwest Bank Minnesota and Norwest Bank Colorado for long-term deposits, affecting $1.4 billion of debt.

Moody's also said h assigned Aa2 ratings to three of Norwest's other banking subsidiaries for longterm deposits.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.