Bank of Montreal Newswire
Comprehensive Real-Time News Feed for Bank of Montreal.
Results 1 - 20 of 1,507 in Bank of Montreal
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Regulators find BMO Harris lax on compliance
... Harris, which serves as the headquarters for the United States operation of the bank which is controlled by Bank of Montreal. BMO Harris has 12 bank branches in the Kansas City area. With $623 million... Comment?
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Arts council presents annual awards
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... Visual artist Scott Goudie was the recipient of the Cox & Palmer Arts Achievement Award, while the BMO Bank of Montreal Artist of the Year was presented to musicians, The Once. Visual arts curator Patricia Grattan and the Newfoundland and Labrador ... Comment?
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BMO to boost money-laundering defences
The Bank of Montreal and its U.S. subsidiary have agreed to beef up efforts to combat money laundering after American authorities found its operations in Chicago lacking. Comment?
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Alberta companies offer more telecommuting opportunities
Alberta companies are the most likely in Canada to offer their workers the opportunity to telecommute, says a recent BMO Bank of Montreal survey that found widely differing views on whether the practice boosts employee morale and productivity. Comment?
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Philanthropist Joe Segal: A passion for helping
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... that have dramatically influenced the character of the city - such as their 2005 donation of the Bank of Montreal heritage building at Granville and Pender, which became the SFU Segal Graduate School of Business. In 2010, the couple gave $12 million ... Comment?
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Bank of Montreal ordered to fix oversight lapses
... book: Reconstructing Amelia by Kimberly McCreight. WASHINGTON (AP) - Federal regulators are ordering the Bank of Montreal to take steps to correct lapses in oversight that could allow the bank to be used for money laundering. The Federal Reserve ... Comment?
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Cheaper gas pushes inflation lower
... Friday to 97.18 cents US after the data was released. "These numbers are incredibly, incredibly mild," said Bank of Montreal chief economist Doug Porter. "To me this is fully consistent with an economy that is struggling to show much growth, and ... Comment?
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OSC orders former BMO analyst to pay $1.2-million for insider trading
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... name. The OSC said he did not disclose his trading in the account, contrary to compliance policies at Bank of Montreal. OSC director of enforcement Tom Atkinson said in a statement Friday the commission is "establishing momentum" in detecting cases ... Comment?
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Fed orders bank to fight laundering
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The US Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch. Comment?
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TSX, Wall Street surge higher amid positive U.S. data, consumer sentiment
... because it claims he acted illegally to help smuggle the son of Libya dictator Moammar Gadhafi to Mexico. Bank of Montreal (TSX:BMO) shares were also up by more than one%, or 67 cents to $62.18 after it agreed to beef up efforts to combat money ... Comment?
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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?
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... They only were 1.5 percent higher than a year ago. "These numbers are incredibly, incredibly mild," said Bank of Montreal chief economist Doug Porter. "To me, this is fully consistent with an economy that is struggling to show much growth," he ... Comment?
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Bank of Montreal gets 90 days to improve system for thwarting money-laundering
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The Bank of Montreal and its U.S. subsidiary have agreed to beef up efforts to combat money laundering after American authorities found its operations in Chicago lacking. Comment?
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CIBC names CIO, BMO hires currency strategists
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... and analysis every day. There are some new appointments to report at two of Canada's largest banks, with Bank of Montreal bulking up the foreign exchange group in its capital markets business and Canadian Imperial Bank of Commerce naming new senior ... Comment?
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Fitch Affirms 2 Bank of Montreal Money Market Funds at 'AAAmmf'
... BMO Asset Management Corp. is wholly owned by BMO Financial Corp. BMO Financial Corp. is wholly owned by Bank of Montreal (BMO; rated 'AA-/F1+', Outlook Stable), a publicly traded Canadian banking institution. As of April 30, 2013, BMO Global Asset ... Comment?
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Bank of Montreal's U.S. Unit Cited by Fed on Risk
The Federal Reserve announced an enforcement action against Bank of Montreal , Canada 's fourth-largest lender by assets, for "deficiencies" in compliance with anti-money laundering and Bank Secrecy Act rules and regulations. Comment?
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Fed tells Bank of Montreal to fight money laundering harder
The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch. Comment?
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Fitch Affirms Virtus Insight Money Market Fund at 'AAAmmf'
... BMO Asset Management Corp. is wholly owned by BMO Financial Corp. BMO Financial Corp. is wholly owned by Bank of Montreal (BMO; rated 'AA-/F1+', Outlook Stable by Fitch ), a publicly traded Canadian banking institution. As of April 30, 2013, BMO ... Comment?
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Debt-weary consumers take heart: Inflation dips, pay on rise, rates going nowhere
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... the inflation rate in April was the death of the harmonized sales tax in British Columbia last month, said Bank of Montreal senior economist Robert Kavcic. B.C. prices fell 1.1 per cent in April. However, David Madani of Capital Economics warns that ... Comment?
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New bank governor advised to hike rates
... kept the overnight rate at one percent since September, 2010-a duration of more than two-and-a-half years. Bank of Montreal chief economist Doug Porter said Masson is not the only economist concerned about low interest rates, but he believes there ... Comment?
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