Express News | Investment bank: Inflation data "slightly" leans towards a more aggressive rate cut path for the Bank of Canada.
Goldman Sachs: Hedge funds have been selling global equities for nine consecutive weeks, while financial stocks are regaining favor.
A report from Goldman Sachs shows that banks, insurance companies, and trading companies are once again favored by hedge funds, which have been purchasing stocks of these companies at the fastest pace since June 2023.
BMO Insurance Enhances Flagship Whole Life Product
Market Chatter: Bank of Montreal to Reverse a $1.19 Billion Charge After Winning a U.S. Appeal Over Ponzi Scheme
The tightening policies in the banking industry are showing results. Overdue credit for US consumers is stabilizing.
Bankers and industry analysts have indicated this week that after an earlier rise in delinquent payments for US consumer credit cards and other loans, they have recently started to stabilize.
Bank of Montreal Expects $645 Million Recovery Following Appeal Victory
Reported Earlier, BMO Secures C$875M After Court Overturns Petters Ponzi Scheme Judgment
Bank of Montreal Wins Appeal in Petters Case
BMO Financial Sees 4Q After-Tax Recovery of C$875M >BMO.T
BMO Financial Sees Reversing Current Provision of C$1.19B With Respect to Matter
BMO Financial: Ponzi Scheme Operated Deposit Account at Predecessor Bank
BMO Financial: U.S. Appeals Court Overturns Jury Verdict, Instructs District Court to Enter Judgment in U.S. Unit's Favor
US Appeals Court Voids $564 Million Verdict Against Bank of Montreal in Ponzi Case
UBS Reviews Fiscal Q3 Results From Canada's Banks
The market remains confident in further economic growth. Financial stocks have outperformed the large cap of the US stock market in the past year.
According to DataTrek Research, financial stocks in the S&P 500 index have outperformed the overall US stock market in the past year.
Bank of Montreal Launches Multi-Billion Notes Offering
Fed Backpedals on Plan to Increase Big Bank Capital -- Update
Express News | The Fed plans to amend the capital reform proposal, and the impact on large banks will be half as much as the initial plan.
Petra Funds Group Launches Outsourced ESG Director Offering for Private Funds
Bank Of Montreal To Present At Barclays Conference; Webcast At 9:00 AM ET