DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »BMO’s capital-markets revenue drops $974m
Bloomberg Bank of Montreal (BMO) became another victim of the slowdown in capital markets last quarter, as a slump in equity and debt issuances reduced investment-banking fees. Capital-markets revenue fell 20% to $974 million in the fiscal third quarter, the Toronto-based company said in a statement on Tuesday. Overall profit missed analysts’ estimates. Bank of Montreal, which generates a ...
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