Posts Tagged ‘bmo capital markets’

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BMO Reports 24% Revenue Increase

BMO Reports 24% Revenue Increase
Bank of Montreal has had a $657 million profit in its latest financial quarter as revenue increase by 24% from a period a year ago, with much of its Canadian operations being the cause of this lift. BMO’s overall revenue in the three months, which ended January 31st, has increase by $583 million from the comparable period ... Full story

Employment Up for the Sixth Month in a Row

Employment Up for the Sixth Month in a Row
Ontario is showing signs of economic recovery but many workers remain underemployed notes a BMO Capital Markets economist. According to the Statistics Canada’s Labour Force Survey which was released on Friday, employment in Ontario increased for the sixth month in a row. The province reported that 30,000 more people were employed compared with the previous ... Full story

Canada’s Economic Outlook Uncertain

Canada’s Economic Outlook Uncertain
A manufacturing index released on Monday blew away all expectations, as it raised hopes that the U.S. economy is not only on solid ground, but heading to higher terrain. Now this may be good news for the U.S., it makes the explanation for the Canadian economy somewhat difficult. With the U.S. ... Full story

BMO Financial Group Completes Acquisition of Integra’s Group Retirement Recordkeeping Business

BMO Financial Group Completes Acquisition of Integra’s Group Retirement Recordkeeping Business
BMO Financial Group has announced on November 24th, 2009 that it has completed the acquisition of the group retirement recordkeeping business of ICMC Group Retirement Services Inc (Integra GRS), a subsidiary of Integra Capital Management Corporation. This acquisition was announced in June 2009, and after several months, it is finally completed. Ed Legzdins, Senior ... Full story

BMO Capital Markets Names 2009 Best Bank for Canadian Dollar

BMO Capital Markets Names 2009 Best Bank for Canadian Dollar
BMO Capital Markets, the investment and corporate banking section of BMO Financial Group has been named the Best Bank for the Canadian Dollar by FX Weekly Magazine. This award is the first time that BMO Capital Markets has received this honour, which is determined by votes from foreign exchange market professionals around the ... Full story

BMO Capital Markets Acquires Securities Lending Team and Assets of Paloma Securities

BMO Capital Markets Acquires Securities Lending Team and Assets of Paloma Securities
BMO Capital Markets, the investment and corporate banking section of BMO Financial Group have announced on November 16th, that there is a definite agreement with Greenwich, Connecticut-based Paloma Securities, L.L.C. to hire its global securities lending team and acquire assets used in its securities lending business. Paloma Securities conducts a leading securities lending ... Full story

BMO Releases YouTube Channel

BMO Releases YouTube Channel
BMO Capital Markets has launched a new YouTube Channel, that holds videos of key events and commentary from BMO Capital Markets experts. Thatis right folks, you read correctly, a YouTube Channel. I think this a great way to get information out to the public, and I expect this to be a great tool ... Full story

BMO Comes with $1 Billion to the Table

BMO Comes with $1 Billion to the Table
In the past few months, businesses may have been falling over the past few months, but Bank of Montreal (BMO) has stepped up its game by making a minimum of $1 billion available to lend to small-sized enterprises and medium-sized enterprises (SME) across Canada. Jennifer lee, Economist at BMO Capital Markets, According to ... Full story

Bank of Canada’s Forecast Wrong?

Bank of Canada's Forecast Wrong?
Canada’s economy continued its downward trend in August, as it continued to put down the claims made by the Bank of Canada, which was that the recession had ended during the summer. The gross domestic product (GDP), a measure of all services and goods produced by the economy posted a decline of 0.1% ... Full story

BMO Customers Save From BMO SmartSteps

BMO Customers Save From BMO SmartSteps
Since the launch of BMO SmartSteps, over 100,000 BMO customers have benefited from this savings initiative. Canadians across the country have saved more than $67 million, reported in figures BMO released on September 22nd. The program is designed to identify immediate ways for Canadians to save and manage their finances. BMO Economists forecast that more Canadians will be focusing ... Full story
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