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Bank of Montreal News

News on Bank of Montreal (Ticker: BMO) continually updated from thousands of sources around the net.

Friday May 17 | Fox News

Former BMO Analyst to Pay C$1.2 Million to Settle Insider-Trading Charges

A former investment-banking analyst at a unit of Bank of Montreal agreed to pay a total of 1.2 million Canadian dollars among other penalties to settle insider-trading charges, as Canada's biggest securities regulators continue to clamp down on inappropriate trading activity.

Comment?

Related Topix: Banking, Financial Services, US Securities and Exchange Commission, Business News

Friday May 17 | The Globe and Mail

CIBC names CIO, BMO hires currency strategists

Streetwise gives you the full scoop on business deals and Canada's finance and capital market sectors.

Comment?

Related Topix: Financial Services, Banking, Canadian Imperial Bank of Commerce, Retail, Coles Myer, Grocery

Friday May 17 | The Globe and Mail

U.S. Fed warns BMO on anti-money laundering controls

The U.S. Federal Reserve Board said it told Bank of Montreal to step up efforts at the Canadian bank's Chicago branch to detect and prevent money laundering.

Comment?

Related Topix: Financial Services, Banking

Tue May 14, 2013

Canada.com

Police respond to officer-involved shooting at Crowfoot Crossing

A Calgary police officer shot one man outside the Bank of Montreal in Crowfoot shopping area after the vehicle he was in hit two elderly pedestrians.

Comment?

Related Topix: Financial Services, Banking

The WHIR

IO Closes $260M Credit Facility to Build Out Modular Data Center Platform

Modular data center technology company IO announced on Tuesday it has closed a new $260 million, multi-year credit facility led by Wells Fargo.

Comment?

Related Topix: Financial Services, Banking

AmericanBankingNews.com

Bank of Montreal Downgraded by Morgan Stanley to "Underweight"

Shares of Bank of Montreal opened at 61.39 on Tuesday. Bank of Montreal has a one year low of $50.95 and a one year high of $64.79. The stock's 50-day moving average is currently $62.05. The company has a market cap of $40.027 billion and a P/E ratio of 9.96. Bank of Montreal last issued its quarterly earnings data on Tuesday, February 26th.

Comment?

Related Topix: Financial Services, Banking, Stanley

Seeking Alpha

3 High-Yielding Financials With Strong Franchises

In the wake of the zero interest rate policy environment in which we live, the thirst for yield means some dividend stocks have been bid up to ridiculous levels.

Comment?

Related Topix: Financial Markets, Banking, Financial Services

M2.com

BMO study find that most households have a woman as CFO

The study found that 97% of women either own or co-own responsibility for day-to-day household budgeting and spending decisions, while 84% are either the primary or co-primary decision makers as it relates to long term financial planning- including savings, investing and retirement planning.

Comment?

Related Topix: Financial Services, Banking

Mon May 13, 2013

The Chronicle Herald

BMO changes N.S. structure

BMO Bank of Montreal has made some changes to its Nova Scotia management structure with the creation of north and south districts.

Comment?

Related Topix: Financial Services, Banking

BayStreet.ca

CUBE, RWT, ASBC, and BMO Under StockCall's Microscope

Equity markets had an excellent run last week as all three benchmark indexes posted gains.

Comment?

Related Topix: U-Store-It Trust, Real Estate, Redwood Trust, Financial Services, Associated BancCorp, Banking

Sun May 12, 2013

Sys-Con Media

REPEAT-BMO Survey: Canadians Plan to Spend an Average of $107 on...

"It can be easy to lose track of financial priorities during holidays, such as Mother's Day, so it's essential that all spending is planned and accounted for in the overall household budget," said Nick Mastromarco, Director, BMO Bank of Montreal.

Comment?

Related Topix: Financial Services, Banking, Life, Holidays, Father's Day

Sat May 11, 2013

Lake Cowichan Gazette

4th Annual BMO Garage Sale going strong

Team BMO members Debbie Cawte, Evelyn Campos, Laurie Perepolkin, Susan Tait, Tara Fofonow and Sandra McIntosh were busy at the 4th Annual BMO Garage Sale on Saturday, May 11 in Castlegar.

Comment?

Related Topix: Financial Services, Banking, Social Software

Fri May 10, 2013

The Globe and Mail

49.23 shades of grey: Is the Canadian dollar poised for parity or a 10-cent plunge?

Depending on who among the reputable sources you listen to, the loonie could be headed to parity and beyond, or poised for a mighty fall of about 10 cents.

Comment?

Related Topix: Financial Services, Banking, Bank of Nova Scotia The, Financial Markets

TheStreet.com

First-Time Homebuyers Care More About Work, Not Neighborhood

What do people really want in buying a home? First-time buyers differ from "average" homebuyers in establishing those priorities, according to a survey from the Bank of Montreal -- and it underlines to what extent first-timers care about work over home life.

Comment?

Related Topix: Home Buying, Home, Banking, Financial Services, Mortgage, Personal Finance

CBC News

Kennedy crows over latest bank scorecard on economy

Finance Minister Jerome Kennedy, seen outside the house of assembly in April, embraced the findings of a new BMO economic report.

Comment?

Related Topix: Banking, Financial Services

Wed May 08, 2013

Marketing

Direct Antidote rebrands as Squareknot

The agency was originally set up in 2007 as an in-house marketing services department for LoyaltyOne, working on the Air Miles reward program.

Comment?

Related Topix: Marketing, Financial Services, Banking

The London Free Press

Canadians dish out more cash on their moms

The average Canadian will spend $107 on Mother's Day this year, up 27% from $84 in 2012, according to a Pollara poll conducted on behalf of the Bank of Montreal.

Comment?

Related Topix: Financial Services, Banking

Mon May 06, 2013

Red Deer Advocate

Outlook for equities is good

By Talbot Boggs - Red Deer Advocate Published: May 06, 2013 1:50 PM Updated: May 06, 2013 1:50 PM Low or negative returns on bonds and positive signs of economic growth in major economies such as the U.S., China and Europe all point to good returns for equities over the next few years, Bank of Montreal investment executives say.

Comment?

Related Topix: Financial Markets, Banking, Financial Services

The Winnipeg Free Press

Buying a home often a matter of love at first sight

Looking for a perfect home can be an emotional roller-coaster, but a new study suggests finding the right property often comes down to love at first sight.

Comment?

Related Topix: Home Buying, Banking, Financial Services

Sat May 04, 2013

CNN

How the Judge Got it Wrong

One of the benefits of being an American is that any crackpot with an internet connection can write a blog and criticize the decision of a highly respected Federal Judge.

Comment?

Related Topix: Financial Services, Banking

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