Canadians have until March 2 to make contributions for the 2008 tax year
Bank encourages contributions by Dec. 31
Offering will further strengthen bank’s capital ratio
BMO Capital Trust II, a closed-end trust wholly owned by Bank of Montreal, will issue $450 million of BMO Tier 1 Notes – Series A due Dec.31, 2107, the bank said Friday.The notes are expected to qualify as Tier 1 capital of the bank for regulatory purposes. The trust intends to file a final prospectus […]
Offering to close Dec. 11
Retail banking profit up 19%
Lee’s actions misvalued natural gas options
The two banks have the most favourable internal rates of return in a “no premium deal and a capital outlay”
Provisions for credit losses reflect weakness in the U.S. residential real estate market
Maximum amortization period will be set at 35 years