Wealth and Asset Management
Bank of Montreal posts fourth quarter profit fall, weighed by declines from wealth management, capital markets
Bank of Montreal saw its headline fourth quarter profit fall weighed by declines from its wealth management and capital markets businesses. The lender said its fourth quarter net attributable income dropped by 8.7% to C$1.23bn, or C$1.81 a share, down from C$1.34bn, or C$2.02 a share a year earlier. BMO’s…
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