DUBAI / WAM Dubai Airports has entered the winter travel season with one of its …
Read More »BMO’s $130mn loss in trading shows pain from notes, hedging
Bloomberg Bank of Montreal (BMO) had about C$180 million ($130 million) in trading losses on a single day in March, a sign of just how risky stocks were as the coronavirus outbreak became a global pandemic. The loss, disclosed in a quarterly presentation, marks the company’s worst trading day in more than a decade. “On that day, there was significant …
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