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Bank of Montreal

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  • The largest Canadian institutions are seeking to maintain diverse sources of funding at a time when diminished growth opportunities in Canada have already led those banks to expand their retail deposit and capital markets businesses in the U.S., Fitch believes.

  • TORONTO, May 1- Canadian Imperial Bank of Commerce's remake from swashbuckling Wall Street player to low-risk Canada- focused lender has stabilized its earnings, but some shareholders now worry that the bank faces outsized exposure to an uncertain housing market.

  • May 1- Bank of Montreal:. *BMO Harris private banking appoints a new vice-president for Quebec. *Source text for Eikon* Further company coverage ().

  • NEW YORK, April 30 U.S. prime money market fund exposure to Eurozone banks declined in March 2013, likely reflecting investor concerns over recent events in Italy and Cyprus, according to Fitch Ratings.

  • Never Too Late to Learn Financial Lessons Friday, 12 Apr 2013 | 4:42 PM ET

    Experts guide viewers to choosing best financial plans.

  • *National Bank included, despite smaller size. Neither the United States nor the European Union have formally implemented the Basel standards yet.

  • OTTAWA, March 26- Canada's banking watchdog said on Tuesday it sees the country's six largest banks as being of systemic importance to the domestic economy and that it will make them keep 1 percent more capital on hand starting January 2016 to protect them from financial disruption.

  • OTTAWA, March 12- The government's steely determination to balance Canada's budget by 2015 could brake an economy that is already showing signs of strain, as Ottawa seeks to rebuild a reputation for prudence that made it the envy of the industrialized world.

  • TORONTO, March 5- Strong wealth management returns boosted profits at Canada's big banks in the first quarter of 2013 as healthy gains in global stock markets drove investors back into the market and powered the fees lenders charge for advice and trading.

  • TORONTO, March 5- Bank of Nova Scotia capped the Canadian bank earnings season with a better-than-expected 13 percent profit gain and a dividend hike, helped by higher markets-related income and the acquisition of Canadian online lender ING Direct.

  • *Royal Bank of Canada, Toronto- Dominion boost dividends. TORONTO, Feb 28- Three of Canada's top banks posted stronger-than-expected quarterly profits on Thursday as they relied on lower loan-loss provisions, cost-cutting, and stronger international revenue to offset slower growth in domestic consumer lending.

  • Cash-rich Canadian companies embrace dividend strategy Thursday, 28 Feb 2013 | 12:30 AM ET

    Bank of Montreal- Canada's No. 4 lender and the first of the big five banks out of the gate this year with quarterly financial results- set the tone for the lenders early this week with a surprise dividend increase.

  • UPDATE 2-BMO raises dividend as profit tops estimates Tuesday, 26 Feb 2013 | 10:00 AM ET

    Feb 26- Bank of Montreal's core profit topped expectations on the back of higher markets-related revenue, though low interest rates squeezed profits at its consumer lending segment, suggesting Canada's other banks could struggle to generate revenue growth.

  • Feb 26- Bank of Montreal's quarterly profit eased 5.4 percent on lower loan recoveries at its U.S. retail bank, but core profits beat expectations and the company raised its quarterly dividend by 2.8 percent. Midwest, said on Tuesday it earned C $1.05 billion, or C $1.53 a share, in the fiscal first quarter ended Jan. 31.

  • *Bank of Canada sticks to message rate hike needed in time. LONDON, Ontario, Feb 25- The head of the Bank of Canada reiterated on Monday that the next move in the country's interest rates is likely to be higher, even as he acknowledged growth in the last quarter of 2012 might have been softer than predicted.

  • *Bank of Montreal is first to report on Tuesday. Canada's banks made double-digit profit growth look easy last year. Shares of Royal Bank of Canada, the country's largest lender, hit a record high on Tuesday, while Toronto-Dominion Bank and Bank of Nova Scotia are both trading within percentage points of record levels.

  • Facebook’s ‘Really Big’ Win: Michael Pachter Thursday, 31 Jan 2013 | 1:08 PM ET

    Facebook stock still looks attractive, Michael Pachter says.

  • Jan 24- Netflix Inc impressed Wall Street with a surprisingly strong holiday quarter that eased near-term concerns about its costly international expansion and its movie and TV bill, sending its shares skyrocketing 42 percent.

  • OTTAWA, Dec 21- Canada's annual inflation rate fell to a three-year low of 0.8 percent in November, raising questions about the Bank of Canada's stubborn insistence that the next move in interest rates will be an increase. The annual rate, reported by Statistics Canada on Friday, is far below the Bank of Canada's 2.0 percent target.

  • TORONTO, Dec 6- Canadian Imperial Bank of Commerce reported a 13 percent increase in quarterly earnings on Thursday, slightly ahead of estimates, but the bank's shares declined on concerns the profit gain will be difficult to replicate in coming quarters.