The notes’ performance is based on the appreciation of a basked comprised of an income trust portfolio and a notional bond portfolio
Deposit notes offer access to global markets; degree of exposure to be determined by asset-allocation strategy
Bank of Montreal today reported a record third-quarter, thanks to volume growth and greater earnings in its personal and commercial banking business.BMO said net income was $710 million, or $1.38 a share, in the quarter ended July 31.That’s a 30% increase from $547 million, or $1.07 a share, in the same period a year earlier.Revenue […]
Almost 28,000 customers will be refunded about $7.1 million including interest
Bank of Montreal today said its second-quarter profit rose 7.1% as strength in its investment banking arm offset a modest decline in its retail banking division.The bank earned $644 million, or $1.24 per share, during the latest quarter, up from a profit of $600 million, or $1.16 per share, in the same period last year.“Earnings […]
Downe steps in for Pearce
Package covers all accounts under one plan fee
Sale of direct investing operation strengthens U.S. businesses
Bank predicts only slight decline
Pays $80.6 million for Villa Park Bank