6/25/2025

BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the June 2025 cash and reinvested distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series") that distribute monthly and quarterly, as set out in the table below. Unitholders of record of the BMO ETFs and the ETF Series of the BMO Mutual Funds at the close of business on June

Source: Yahoo

6/24/2025

(Bloomberg) -- Treasuries advanced on a surprisingly weak consumer-confidence report and smoothly absorbed a two-year auction as Federal Reserve Chair Jerome Powell said “many paths are possible” for monetary policy.Most Read from BloombergBezos Wedding Draws Protests, Soul-Searching Over Tourism in VeniceUS State Budget Wounds Intensify From Trump, DOGE Policy ShiftsUS Renters Face Storm of Rising CostsCommuters Are Caught in Johannesburg's Taxi Feuds as Transit LagsThe yield of the US two-year

Source: Yahoo

6/23/2025

BMO has been named Best Private Bank in Canada (15th consecutive year), Best Commercial Bank in Canada (11th consecutive year) and Best Commercial Bank in the U.S. (3rd consecutive year) by World Finance Magazine.

Source: Yahoo

6/23/2025

Source: SeekingAlpha

6/20/2025

Financial stocks were advancing premarket Friday as the Financial Select Sector SPDR Fund (XLF) was

Source: Yahoo

6/20/2025

BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the June 2025 cash and reinvested distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series") that distribute monthly and quarterly, as set out in the table below. Unitholders of record of the BMO ETFs and the ETF Series of the BMO Mutual Funds at the close of business on June

Source: Yahoo

6/20/2025

BMO and Burgundy Asset Management Ltd. announced the signing of a definitive agreement for BMO to acquire Burgundy, an independent wealth manager, providing discretionary investment management for private clients, foundations, endowments, pensions and family offices with approximately C$27B in assets under management, as of May 31, 2025. The acquisition of Burgundy will be an expansion of BMO Wealth Management and strengthen BMO’s offering in the Canadian Investment Counsel space catering to hig

Source: Yahoo

6/20/2025

Burgundy, an independent wealth manager, managed around $27bn in assets as of 31 May 2025.

Source: Yahoo

6/20/2025

Canada will release retail sales for April at 8:30 a.m. ET on Friday, noted Bank of Montreal (BMO).

Source: Yahoo

6/19/2025

Bank of Montreal ( TSE:BMO ) will increase its dividend from last year's comparable payment on the 26th of August to...

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6/19/2025

BMO today announced it has received the 2025 Celent Model Bank Award for Payments Innovation for five digital payments and client experience initiatives across Canada and the U.S.

Source: Yahoo

6/19/2025

BMO today released ᐑᒋᐦᐃᑐᐏᐣ wîcihitowin (pronounced: wee-chih-hito-win), its 5th annual Indigenous Partnerships and Progress Report and announced the creation of a new Office of Reconciliation, and the appointment of a new Head of its Indigenous Banking Unit. BMO's work with Indigenous peoples and communities in Canada continues to be anchored in its Enterprise Indigenous Strategy, which consists of three foundational pillars: Education, Employment, and Economic Empowerment.

Source: Yahoo

6/19/2025

The $456.4 million acquisition expands the bank’s wealth management segment as well as strengthen its offering in the Canadian Investment Counsel space, the companies said.

Source: Yahoo

6/19/2025

BMO (TSX:BMO) (NYSE:BMO) and Burgundy Asset Management Ltd. today announced the signing of a definitive agreement for BMO to acquire Burgundy Asset Management Ltd. Burgundy is a leading independent wealth manager, providing discretionary investment management for private clients, foundations, endowments, pensions and family offices with approximately $27 billion in assets under management, as of May 31, 2025.

Source: Yahoo

6/17/2025

BMO today announced it has received two awards for digital innovation for its launch of Lumi Assistant, a new AI-powered tool that simplifies and accelerates employees' access to critical information to provide advice and guidance to clients:

Source: Yahoo

6/16/2025

Bank of Montreal (NYSE:BMO) is one of the most undervalued financial stocks for buying, according to analysts. On June 11, the company unveiled a string of leadership appointments to consolidate its personal, commercial, and wealth management business in the US. Aron Levine will take over as the new group head and president of BMO US. […]

Source: Yahoo

6/13/2025

(Bloomberg) -- A report that large multinational merchants are exploring ways to bypass traditional credit-card fees presents investors with an opportunity to buy shares of Mastercard Inc. and Visa Inc., according to Wall Street analysts. Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Renters Brace for Price Hikes After Broker-Fee BanDo World’s Fairs Still Matter?As Part of a $45 Billion Pus

Source: Yahoo

6/13/2025

(Bloomberg) -- Canada’s trade-driven sectors are showing clearer signs of a pullback in activity brought on by US President Donald Trump’s tariffs. Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Renters Brace for Price Hikes After Broker-Fee BanDo World’s Fairs Still Matter?NY Long Island Rail Service Resumes After Grand Central FireManufacturing sales fell 2.8% in April, the largest monthly

Source: Yahoo

6/12/2025

(Bloomberg) -- A closely watched auction of 30-year Treasuries saw stronger-than-expected demand on Thursday, easing for now worries that investors would shun the US government’s longest maturity.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Renters Brace for Price Hikes After Broker-Fee BanDo World’s Fairs Still Matter?NY Long Island Rail Service Resumes After Grand Central FireThe $22 bil

Source: Yahoo

6/12/2025

Canada's household debt-to-income ratio ticked up to a seasonally adjusted 173.9% in Q1 from an upwa

Source: Yahoo