Company: Bank of Montreal

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Revenues were down slightly in Q4, while expenses and loan provisions were up

Outlook shifts to neutral as banks adapt to higher rate environment

Initiative received 42% support from RBC shareholders at latest AGM, and 37% from BMO shareholders

investor protection

Finance also announced measures to tackle bank fees and mortgage relief

Mortgage signing

Change to address negative amortization mortgages a positive, Fitch says

Adult senior diverse multi-ethnic Caucasian Hispanic Middle Eastern CEO executive team business people together in conference meeting room in contemporary modern office bright sunny daylight sunset dusk talking discussing planning organizing strategy well dressed suit and tie teamwork cooperation diversity multi-ethnic problems solutions unity cityscape downtown urban new beginnings breaking new ground dreamlike decisions choices the way forward diversity

Weakness in commercial real estate will impact Big Six loan portfolios

Regulators fined firms a total US$549 million for record-keeping failures

Judge looks at papers

B.C. court says case meets criteria and allows plaintiff to revise claim

  • August 1, 2023 August 1, 2023
  • 16:32
Modern office building close up in sunlight

The bank is the farthest along in this process among the Big Six

Skyline of the financial district

Rising loan losses, growing expenses eating into banks' bottom lines