Bank of Montreal
Coverage of Bank of Montreal in the Nexus archive.
- BMO-led $775 Million Pellera Loan Deal Comes at Steep Discount
BMO led a $775 million loan deal for Pellera at a steep discount. The loan was facilitated through a Bank of Montreal branch in Montreal.
- BMO Hires TD’s van Arragon for Domestic Business Banking Role
Bank of Montreal (BMO) hired Thomas van Arragon, previously of TD, for a domestic business banking role. Canada's finance minister Francois-Philippe Champagne announced a $10 cap on non-sufficient funds (NSF) fees, projected to save Canadians over $600 million annually.
- Global Bond Selloff Deepens as Rising Oil Prices Spook Investors
A global bond selloff has deepened due to rising oil prices, spooking investors. The situation is being monitored by financial institutions such as the Bank of Montreal. Rising oil prices are a key factor in the current market instability.
- Banks to Join BMO-Led $1.8 Billion Debt Deal for Honeywell Spinoff
Banks are joining a $1.8 billion debt deal led by Bank of Montreal (BMO) for a Honeywell spinoff. The transaction involves multiple financial institutions collaborating on the financing arrangement.
- BMO, Teck, TC Energy CEOs to Advise Carney on US Strategy on New Panel
BMO, Teck Resources, and TC Energy CEOs will advise former Bank of England Governor Mark Carney on U.S. strategy through a new panel. The panel aims to provide corporate insights for navigating cross-border business and policy challenges.
- TD, BMO to Act as Market Makers for New Credit Futures Contract
TD and BMO will serve as market makers for a new credit futures contract. Canada is set to release GDP figures on June 30, 2023.