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Bank of Montreal T.BMO

Alternate Symbol(s):  FNGO | NRGU | N.ZOCT | FNGD | N.BGDV | T.BMO.PR.E | T.BMO.PR.Y | CARD | FNGU | T.BMO.PR.T | CARU | N.ZUEA | BMO | N.ZEBA | T.BMO.PR.W

Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank accounts, credit cards, mortgages, loans, investments, creditor insurance, and travel insurance. The Company’s segments include P&C, U.S. P&C, Total P&C, BMO Wealth Management, BMO Capital Markets, and Corporate Services. Its bank accounts include checking accounts, and savings accounts. Its credit card services include no fee, low interest, cash back, BMO Rewards, AIR MILES, travel, and lifestyle. Its credit cards include BMO eclipse Visa Infinite Card, BMO Ascend World Elite Mastercard, BMO eclipse Visa Infinite Privilege Card, BMO Preferred Rate Mastercard and BMO CashBack Mastercard.


TSX:BMO - Post by User

Bullboard Posts
Post by badguesson Dec 20, 2010 11:42am
619 Views
Post# 17870589

where is the plus ?

where is the plus ?Where is the plus in this crap deal? Existing BMO longs get diluted by about 12 % to buy the M&I equity there is $4.8 B or so in losses to be paid out by BMO equal to 2 years of the banks earnings and we get 364 money losing bank buildings in the northern US. This looks totally reckless, the hollow words strategic value cant be taken to the bank  so to speak. BMO was my favorite Canadian bank investment before this but from what I see now its no longer safe to hold.
Bullboard Posts