Bank of Montreal T.BMO.PR.E

Primary Symbol: T.BMO Alternate Symbol(s): BMO | T.BMO.PR.Y | FNGO | FNGA | CARD | CARU | N.ZUEA | N.ZEBA | N.ZOCT | N.BGDV | FNGD

Financial Services Banks - Global

Bank of Montreal (the Bank) is a North American bank. The Bank provides a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services. The Bank serves about 13 million customers across North America, and in select markets globally, through three integrated operating groups: Personal and Commercial Banking (P&C), BMO Wealth Management and BMO Capital Markets. The P&C operating group represents the sum of its two retail and commercial operating segments, Canadian Personal and Commercial Banking (Canadian P&C) and U.S. Personal and Commercial Banking (U.S. P&C). BMO Wealth Management serves a full range of clients, from individuals and families to business owners and institutions, offering a wide spectrum of wealth, asset management and insurance products and services. BMO Capital Markets offers a comprehensive range of products and services to corporate, institutional and government clients.

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Bank of Montreal

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Post by TheBridgeon Jan 13, 2025 10:51am

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Post# 36401234

Tripping

BMO agrees to pay US $40 million to settle SEC charges on supervision failures. The regulator said the apparent issue allowed employees in the BMO Capital Markets Division to allegedly to sell mortgage-backed bonds using misleading metrics. Don't want to be tripping over the big fines and problems that incompetance hit TD.

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