BANK OF MONTREAL (BMO.CA) Stock News
TSX:BMO - Toronto Stock Exchange - CA0636711016 - Common Stock - Currency: CAD
BMO.CA Latest News, Press Relases and Analysis
Silver Lake Lines Up $2 Billion Debt Financing for Altera Deal
A group of banks is providing Silver Lake Management $2 billion in debt for its acquisition of a 51% stake in programmable chips unit Altera from Intel Corp., according to people with knowledge of the matter.
Banks Postpone Loan Sale for HIG’s US-Canada IT Merger
A group of banks led by Bank of Montreal have postponed a $1.1 billion loan sale that was to help finance HIG Capital LLC’s planned purchase of Canadian firm Converge Technology Solutions Corp., according to people with knowledge of the matter.
Bank of Montreal CEO Takes Third Straight Pay Cut on Missed Financial Targets
Bank of Montreal Chief Executive Officer Darryl White and other executives saw their pay fall in 2024 as the bank dealt with elevated loan losses throughout the year.
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Tariff Cloud Stalls Deals and Loan Growth, Bank of Montreal Says
Trade tensions are stalling deals, investments and loan growth, according to one of Canada’s biggest banks, and while the full impact of a tariff war is impossible to game out, it’s already putting a damper on the outlook for the country’s financial sector.
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BMO Beats Estimates as Capital Markets Post Strong Performance
Bank of Montreal beat estimates as it benefited from strong performance in its capital-markets business and set aside less money than expected to cover possible loan losses.
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RBC Quits Climate Group as Canada’s Top Banks Follow Wall Street
Royal Bank of Canada has followed Toronto-Dominion Bank and Bank of Montreal in leaving the banking industry’s largest climate-finance alliance.
BMO Second Canadian Bank to Launch Currency-Hedged Global Stocks
Bank of Montreal is stepping into a booming product category that offers exposure to popular global stocks while hedging against currency volatility, becoming the second Canadian bank to do so.
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BMO Managing Director Dismissed Over SEC Mortgage-Bond Probe
Bank of Montreal dismissed a managing director on its US mortgage-backed bond desk in connection with a regulatory probe into misleading marketing practices.
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Scotiabank Joins Wall Street-Led Exit of Bankers’ Climate Club
Bank of Nova Scotia is the latest major bank to walk away from the industry’s biggest climate-finance alliance, following a mass exodus led by Wall Street.
BMO Quits Climate Group as Exodus Begun by Wall Street Picks Up
Four of Canada’s biggest banks are leaving the industry’s top climate-finance alliance, joining Wall Street peers and extending an exodus that started in early December.
BMO Jumps Most Since 2020 as Credit Hopes Drive Upgrades
Bank of Montreal shares surged the most in more than four years as confidence the worst of the lender’s credit issues was now behind it prompted two buy-equivalent upgrades.
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BMO Misses Estimates as Loan-Loss Provisions Far Exceed Forecast
Bank of Montreal missed estimates after once again setting aside much more money than expected to cover potential loan losses.
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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.
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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.
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.
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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.
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.
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