Global Market Today: Asian stocks hit record highs, oil heads for weekly lossAsian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflati...
US stocks today: Dow soars 600 pts, Nasdaq 1.5% as chip stocks rally eyeing Nvidia results, Iran peace deal hopesWall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gain...
US 30-year yield hits highest since 2007 on inflation angstUS Treasury's 30-year bond yields surged to nearly two-decade highs as accelerating inflation concerns and rising energy prices fueled a gl...
Global Markets: Asian stocks dip as traders await ceasefire newsAsian stocks declined as investors reduced holdings ahead of the weekend, awaiting progress on extending the US-Iran ceasefire. This follow...
BMO introduces ‘Blue Rewards’ loyalty program, replacing Air Miles: What existing collectors need to knowBMO Financial Group is replacing its Air Miles loyalty program with a new platform called 'Blue Rewards' launching this summer. Existing Ai...
Fifth Third to buy Comerica in $10.9 billion deal, creating 11th largest U.S. bankFifth Third Bank is buying Comerica for $10.9 billion to grow bigger and compete with top U.S. banks. The merger will create the 11th large...
RBC and BMO explore $2 billion sale of Canadian payments venture MonerisRoyal Bank of Canada and Bank of Montreal are exploring sale of payments joint venture Moneris, valued at approximately $2 billion. The pay...
AI a productivity boost to banks but making money from it is a challengeMajor banks have been applying AI to virtual assistants for clients and introduced tools for employees to use for human resources, risk, co...
YouTube ads may have led to online tracking of children, research saysThe Children's Online Privacy Protection Act, or COPPA, requires children's online services to obtain parental consent before collecting pe...
TD world's most shorted banking stock, shares down -ORTEX dataThe First Horizon deal would catapult TD to the sixth-biggest commercial bank in the U.S. from the tenth-largest now, according to the Fede...
BNP Paribas sells US unit Bank of the West for $16.3 bnBNP Paribas said in a statement that the sale to Canada's Bank of Montreal (BMO), at a price equivalent to 14.5 billion euros, "is expected...
Gold scales 1-month peak as US-China friction fuels economic woesU.S. gold futures were 0.8% higher at $1,754.
Buy, sell or hold: Ten ways to trade the US electionSkepticism suggests that current valuations do not fully reflect the polls' expectations.
- BMO Capital now world's largest mining equity research Group
BMO Capital Markets today claimed it covers more mining stocks than any other financial institution in the world.
- AIG sells Canadian operations for $375 million
Bank of Montreal (BMO) on Tuesday announced it is buying Canadian business of the troubled global insurance giant American International Gr...
- AIG to sell Canadian unit for about $308 million
American International Group Inc., which received a massive cash infusion last year from the US government, said Tuesday it is selling AIG ...
- Bank of Montreal sees buy opportunities in US woes
Bank of Montreal expects the tough environment for banks in the United States to create more acquisition opportunities for its US operation...