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Bank of Montreal News

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

2 hrs ago | Brandon Sun

54 per cent of business owners say lower loonie is no big deal, says BMO poll

The fluctuating loonie may actually have little impact on most Canadian businesses, suggests a new survey by the Bank of Montreal .

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Related Topix: Financial Services, Banking, Small Business, Personal Finance

Fri Apr 18, 2014

The Globe and Mail

Three top stock picks from Matco's Jeff Parent

The Royal Bank of Canada's large wealth management and wholesale segments should benefit from increased fund flows into equities and M&A activity, respectively.

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Related Topix: Banking, Financial Services

Thu Apr 17, 2014

Canadian Business Magazine

Housing correction would damage Canada's economy, says BMO report

A sudden and sharp correction in the housing market could have a devastating impact on the Canadian economy overall, enough to trigger another recession, says a new Bank of Montreal report.

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Related Topix: Financial Services, Banking

CFRB

Toronto Police Nab "Pleather Bandit"

He was dubbed the "Pleather Bandit" because of his apparently fake leather jacket.

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Related Topix: Financial Services, Banking

The Globe and Mail

Inflation rate jumps in March but rise likely fleeting

Consumer prices increased at a rate of 1.5 per cent in the 12 months ending in March, paced by higher prices for most key items, including energy, food and shelter, Statistics Canada reported Thursday .

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Related Topix: Financial Services, Banking

Globe and Mail

Goldman Sachs profit falls 11%

A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Cohen Group, Consulting, Banking, Citigroup, Bank of America, Stanley

Wed Apr 16, 2014

Market Wire

Bank of Montreal to Redeem $275,000,000 Non-Cumulative 5-Year Rate...

Bank of Montreal today announced its intention to redeem all of its $275,000,000 Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 21 on May 25, 2014.

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Related Topix: Financial Services, Banking

The Fountain Pen

Guelph Police Reports - April 16, 2014

On April 13, 2014, the Guelph Police investigated a break and enter at Barber Scout Camp located on Stone Road.

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Related Topix: Canada, Banking, Financial Services,

Tue Apr 15, 2014

Market Wire

Deirdre Drake Joins U.S. Cellular Executive Team as Chief Human Resources Officer

Drake will lead the human resources organization and champion the company culture to drive growth.

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Related Topix: Banking, Financial Services, Central Michigan University

Globe and Mail

Existing home sales top forecasts as spring selling season begins

The number of existing homes that changed hands in Canada last month was 4.9 per cent higher than the prior March, the Canadian Real Estate Association said Tuesday.

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Related Topix: Home, Home Selling, Housing, Banking, Financial Services

Sun Apr 13, 2014

The Globe and Mail

Bank of Canada's rate policies in 'uncharted waters'

When Stephen Poloz leaves the Bank of Canada's key interest rate at 1 per cent on Wednesday it will be the 29th consecutive meeting that the central bank does nothing.

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Related Topix: Financial Services, Banking

Fri Apr 11, 2014

M2.com

Baird, BMO, Janney Montgomery Scott lead Farmland Partners IPO

The offering is expected to close on April 16 2014. The company said it has granted the underwriters a 30-day option to purchase up to an additional 570,000 shares to cover over-allotments, if any.

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Related Topix: Financial Services, Banking, Janney Montgomery Scott, Investment Services

Thu Apr 10, 2014

Seeking Alpha

Is It Time To Short The Canadian Housing Market?

Bank of Montreal recently reduced the popular 5-year fixed mortgage lending rate to a sub 3% level citing lower bond rates.

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

Wed Apr 09, 2014

DurhamRegion.com

Serial bank robber operating in Burlington, Oakville and Kitchener

One day after a man robbed a Scotiabank branch in Oakville , prompting investigators to say they believe five such robberies this year in Halton Region are the work of the same suspect, police have added three other robberies to the list.

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Related Topix: Financial Services, Banking

Tue Apr 08, 2014

What About Clients?

Ontario trial judge: 'Paper must vanish from this Court...'

So says Canadian Justice David M. Brown in a case administration decision penned on April 5 in Bank of Montreal v Faibish, 2014 ONSC 2178 .

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Related Topix: Financial Services, Banking

Canadian Business Magazine

Quebec Liberal majority victory positive for economy, business leader

The election of a Liberal majority government in Quebec is being seen by business leaders and economists as a postive development for the economy.

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Related Topix: Financial Services, Banking

Mon Apr 07, 2014

Journal of Commerce

Verbal sparring matches and ethical dilemmas

The BMO is back to its old tricks. In this round, it is Canada's first major financial institution to lower the five-year conventional mortgage rate below 3.00%.

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Related Topix: North America, Canada, World News, Banking, Financial Services, Home, Mortgage, Personal Finance, Ben Bernanke

Fri Apr 04, 2014

Safehaven

Bitcoin Trading Alert: Clues from Price and Volume

The Financial Post reported that Bill Downe, CEO of the Bank of Montreal, expressed the view his company would consider dealing in Bitcoin was the currency a stable means of exchange: If it was reliable and if it was regulated, "then there's no reason why we couldn't be an intermediary in bitcoin-related transactions," Bill Downe said in an ... (more)

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Related Topix: Economics News, Bitcoin, Financial Services, Banking

The Globe and Mail

How younger Canadians will help support the housing market

Cranes dominate Toronto's skyline as construction work continues on condominiums in the Canary District east of the downtown.

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Related Topix: North America, Canada, World News, Banking, Financial Services, Real Estate, Housing

Thu Apr 03, 2014

Canada.com

Calgary first-time homebuyers youngest in Canada

The average age of first-time homebuyers in Canada is on the rise but they remain the youngest in Calgary, according to a survey released Thursday by BMO Bank of Montreal.

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

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