Bank of Montreal

The many ways banks are using blockchain

05/21/18

From international payments to trade finance deals, banks are increasingly exploring uses of distributed ledger technology in a number of ways.

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Flush with cash, Canada banks poised for expansion and takeovers

04/12/18

The country's six largest lenders are approaching their strongest capital position since 2013, leaving them with enough resources to pursue acquisitions, buy back shares or build from within. That has the chiefs of Canada's big banks weighing options.

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BMO Harris names Canadian exec to lead U.S. personal, business banking

02/15/18

Erminia Johannson's promotion is part of an effort by BMO Financial to generate more revenue from its U.S. operations.

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Behind BMO chief's plan to accelerate U.S. growth

02/09/18

Darryl White sees an opportunity for Bank of Montreal to take more market share in the United States, and he’s betting on investments in mortgage lending, commercial banking and capital markets to get there.

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BMO open to more pot deals if firms pass bank's tests, CEO says

01/25/18

Bank of Montreal is open to more deals with cannabis companies, as long as those firms can get past "traps" in the lender's due diligence process, Chief Executive Officer Darryl White said.

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Why BMO says its U.S. retail lending woes have hit bottom

01/10/18

In some ways the Canadian bank's U.S. consumer business is only now shaking off many of its crisis-era problems here. CEO Darryl White is pinning his retail-comeback hopes on a rejuvenated sales culture and a focus on more profitable customers.

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Bank of Montreal posts record profit From U.S. business

12/05/17

Recent growth has come through acquisitions, including the 2015 purchase of a transportation finance business from General Electric and the 2011 takeover of Milwaukee-based Marshall & Ilsley.

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BMO Financial fills new chief digital officer role

11/21/17

Brett Pitts joins from Wells Fargo, where he most recently was executive vice president and group head of digital.

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Lease-to-own 'fintech' gets $100M credit line from BMO Harris

09/05/17

Snap Finance provides credit at the point of sale, primarily to consumers with bad credit.

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JPM, other lenders kept loan buyers in dark about probe, lawsuit says

08/02/17

JPMorgan Chase is among four banks sued by a trustee for investors in the debt of Millennium Health LLC, alleging the lenders failed to inform them of a federal probe into the billing practices of the borrower.

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