BANK OF MONTREAL (BMO.CA)

BMO to Get Capital Boost After Victory in Ponzi Scheme Case

Bank of Montreal’s capital reserves will get a boost in the fourth quarter after the lender won a legal victory over its involvement in a multi-billion-dollar Minnesota Ponzi scheme.

Eighth Circuit Court of Appeals Overturns Petters Judgement, in BMO's Favour

/CNW/ - BMO Financial Group (TSX: BMO) (NYSE: BMO) announced today that the United States Court of Appeals for the Eighth Circuit reversed a prior jury verdict...

Media Advisory - BMO CFO Tayfun Tuzun to Speak at the Barclays Global Financial Services Conference

/CNW/ - Tayfun Tuzun, Chief Financial Officer, BMO Financial Group (TSX: BMO) (NYSE: BMO), will participate in the Barclays Global Financial Services...

RBC, CIBC Pull Away From Canada Peers on Better Credit Forecast

When it comes to credit quality, two of Canada’s Big Six lenders were clear winners last quarter: Royal Bank of Canada and Canadian Imperial Bank of Commerce, which both set aside much less money to cover loan losses than expected, fueling solid earnings beats in the process.

Media Advisory - BMO CEO Darryl White to Speak at the Scotiabank Financials Summit

/CNW/ - Darryl White, Chief Executive Officer, BMO Financial Group (TSX: BMO) (NYSE: BMO), will participate in the Scotiabank Financials Summit on September 4,...

Canada stocks lower at close of trade; S&P/TSX Composite down 0.38%

Investing.com – Canada stocks were lower after the close on Tuesday, as losses in the Energy, Healthcare and Materials sectors led shares lower.

BMO Misses as Higher Loan-Loss Provisions Dent US Operations

Bank of Montreal missed estimates as it once again put aside more money than analysts expected for potentially bad loans, with the provisions dragging down its US operations.

BMO Financial Group Declares Dividends

/CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced at its Board of Directors declared a quarterly dividend of $1.55 per share on paid-up common...

BMO Financial Group Reports Third Quarter 2024 Results

BMO's Third Quarter 2024 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended July 31, 2024 are...

Canadian Stocks’ Record-Setting Rally Has Room to Run, BMO Says

Canadian stocks are primed to keep breaking records in months to come thanks to ready-to-deploy retail cash hoards and foreign investor inflows, according to BMO Capital Markets.

BMO to Redeem $1,000,000,000 Series J Medium-Term Notes (Non-Viability Contingent Capital (NVCC)) (Subordinated Indebtedness) First Tranche

/CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that it intends to redeem all of its $1,000,000,000 Series J Medium-Term Notes (Non-Viability...

Bank of Montreal Said to Sell Thames Water Debt at 30% Discount

Bank of Montreal has sold about £300 million ($383 million) of Thames Water’s senior debt at an almost 30% discount, according to people familiar with the transaction.

BMO to Redeem Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 29 (Non-Viability Contingent Capital (NVCC))

/CNW/ - Bank of Montreal (the "Bank") (TSX:BMO)(NYSE:BMO) today announced its intention to redeem all of its 16,000,000 outstanding Non-Cumulative 5-Year Rate...

Bank of Montreal Announces AT1 Limited Recourse Capital Notes Issue

/CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO or the "Bank") today announced the pricing of USD 750 million of non-viability contingent capital ("NVCC")...

Bank of Montreal Announces Subordinated Notes Issue

/CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced a domestic public offering of $1.00 billion of subordinated notes (Non-Viability Contingent...

Media Advisory - BMO Group Head, Wealth Management, Deland Kamanga, to Speak at the TD Financial Services & Fintech Summit

/CNW/ - Deland Kamanga, Group Head, Wealth Management, BMO Financial Group (TSX: BMO) (NYSE: BMO), will participate in the TD Financial Services & Fintech...

Bill Hwang Fights to Keep Tiger Asia Past From Archegos Jury

When Archegos Capital Management approached Bank of Montreal about becoming a trading counterparty in 2020, the Canadian bank at first said no.

BMO Earnings Miss Estimates on Higher-Than-Expected Provisions

Bank of Montreal missed analysts’ estimates after setting aside more money than expected for potential credit losses as consumers and businesses struggle with higher interest rates.

BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 per cent from the prior year

/CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced at its Board of Directors declared a quarterly dividend of $1.55 per share on paid-up common...

BMO Financial Group Reports Second Quarter 2024 Results

BMO's Second Quarter 2024 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended April 30, 2024 are...

Bank of Montreal Names Jespersen Head of Debt Capital Markets

Bank of Montreal appointed Blake Jespersen as head of debt capital markets, with Richard Sibthorpe stepping down at the end of June after a decade leading the unit, according to people familiar with the matter.

Ex-UBS Risk Manager Points Finger Squarely at Archegos ‘Lies’

A former UBS Group AG risk manager slammed Archegos Capital Management for its “lies” when he took the stand as the first witness at the fraud and market manipulation trial of Bill Hwang.

Bank of Montreal Cuts More US Investment Bankers in Drive for Savings

Bank of Montreal is reducing staff in its US investment banking unit again, including at least two managing directors, as the Canadian lender continues to trim costs, according to people with knowledge of the matter.

BMO to Redeem Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 27 (Non-Viability Contingent Capital (NVCC))

/CNW/ - Bank of Montreal (the "Bank") (TSX: BMO)(NYSE: BMO) today announced its intention to redeem all of its 20,000,000 outstanding Non-Cumulative 5-Year...

BMO to Redeem Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 46 (Non-Viability Contingent Capital (NVCC))

/CNW/ - Bank of Montreal (the "Bank") (TSX: BMO) (NYSE: BMO) today announced its intention to redeem all of its 14,000,000 outstanding Non-Cumulative 5-Year...

BMO Announces Election of Board of Directors

/CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today held its Annual Meeting of Shareholders. At the meeting, all director nominees listed in the bank's...

Media Advisory - BMO's Chief Financial Officer, Tayfun Tuzun, to Speak at the National Bank Financial Services Conference

/CNW/ - Tayfun Tuzun, Chief Financial Officer of BMO Financial Group (TSX: BMO) (NYSE: BMO), will participate in the National Bank Financial Services...

BMO Proxy Circular and 2023 Sustainability Reporting Suite Now Available

/CNW/ - BMO (TSX: BMO) (NYSE: BMO) today announced that it has filed its 2024 Notice of Annual Meeting of Shareholders and Management Proxy Circular with...

Canadian Banks’ Fossil-Fuel Exposure Outpaces US, European Peers

Canada’s biggest banks are more than twice as exposed to the fossil-fuel business as their European and US counterparts, according to a report from climate change think tank InfluenceMap.

Bank of Montreal Announces AT1 Limited Recourse Capital Notes Issue

/CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) (or the "Bank") today announced the pricing of USD $1.0 billion of non-viability contingent capital ("NVCC")...

Media Advisory - BMO's Chief Risk Officer, Piyush Agrawal, to Speak at the RBC 2024 Global Financial Institutions Conference

/CNW/ - Piyush Agrawal, Chief Risk Officer, BMO Financial Group (TSX: BMO) (NYSE: BMO), will participate in the RBC Global Financial Institutions Conference on...

Rising Loan Delinquencies Bring Pain to BMO, Scotiabank Results

Earnings at Bank of Montreal and Bank of Nova Scotia were marred by increasingly cash-strapped consumers and businesses amid a challenging economic landscape.

Bank of Montreal Cuts Exposure to Ultra-Long Mortgages in Canada

Bank of Montreal is slowly whittling down a pile of ultra-long mortgages that it granted to Canadian customers to help them handle the rapid rise in interest rates.

BMO Misses on Weak Capital Markets, Higher Loan-Loss Provisions

Bank of Montreal missed analysts’ estimates as it grappled with weak capital-markets revenue and reported an increase in loan-loss provisions.

BMO Financial Group Declares Dividends

/CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.51 per share on paid-up common...

BMO Financial Group Reports First Quarter 2024 Results

BMO's First Quarter 2024 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended January 31, 2024 are...

BMO Bankers Sent Each Other Crude Memes Before They Were Fired

Junior bankers who were recently fired from Bank of Montreal’s metals and mining group used work-sharing platforms to circulate crude jokes and at least one obscene image, which were discovered during an internal investigation after another employee complained, according to people with knowledge of the matter.

BMO Taps Agent IQ to Continue Enhancing Client Experience at BMO InvestorLine

BMO Financial Group Releases Supplementary Financial Information Reflecting Changes in Presentation

/CNW/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) today released an abridged Supplementary Financial Information package containing certain quarterly and annual...

Six Bankers Depart Bank of Montreal After Misconduct Probe Into Bullying

Six people have left Bank of Montreal after an investigation into “completely unacceptable” behavior in its investment banking group.