Bank of Montreal News

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.

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

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.

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.

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

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.

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.

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.

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

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

"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.

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.

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.

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.

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

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

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.

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.

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.

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.