BMO Capital markets settles with SEC over bond desk supervision
BMO Capital Markets agreed to pay more than $40 million to settle U.S. Securities and Exchange Commission charges it failed to properly supervise employees who sold mortgage-backed bonds, the regulator said on Monday.
BMO Capital Markets to pay $40M in SEC settlement
Canadian bank's capital markets arm reportedly failed to detect representatives' misleading disclosures involving $3 billion of mortgage-backed "sliver bonds" sold over a multi-year period.
BMO Unit to Pay $40.7 Million in US SEC Settlement Over Misleading Bond Sales
It resolves charges that BMO Capital Markets employees used offering sheets and metrics that inaccurately described collateral backing more than $3 billion of so-called Agency CMO bonds from Dec ...
SEC Charges BMO Capital Markets with Failing to Supervise Agency Bond Desk
January 13, 2025) - The Securities and Exchange Commission today charged registered broker-dealer BMO Capital Markets Corp. with failing to supervise employees who, from December 2020 until May 2023,
Broker-dealer BMO Capital Markets to pay $41M to settle trade supervision lapses
A broker-dealer subsidiary of Toronto-based BMO Financial Group will pay nearly $41 million in penalties to the Securities and Exchange Commission to settle allegations that its traders issued misleading disclosures on bonds for three years,
BMO agrees to pay US$40 million to settle SEC charges on supervision failure
The U.S. Securities and Exchange Commission says BMO has agreed to pay more than US$40 million to settle charges related to the bank's alleged supervision failure in bond selling.
Amazon stock target raised at BMO on strong AWS outlook
BMO Capital raised its target for Amazon (NASDAQ:AMZN) to $265 from $236 in a note Friday, citing a robust outlook for Amazon ...
Beacon price target raised to $136 from $125 at BMO Capital
BMO Capital raised the firm’s price target on Beacon (BECN) to $136 from $125 and keeps an Outperform rating on the shares. The company ...
SEC charges BMO US$40 million for selling 'misleading' mortgage-backed bonds
A regulator in the United States has charged a unit of the Bank of Montreal (BMO) more than US$40 million for selling ...
BMO's Belsky says he remains bullish on US stocks despite recent volatility
Investing.com -- Brian Belsky, Chief Investment Strategist at BMO Capital Markets, reaffirmed his bullish stance on US equities despite recent volatility.
DuPont price target lowered to $105 from $107 at BMO Capital
BMO Capital lowered the firm’s price target on DuPont (DD) to $105 from $107 and keeps an Outperform rating on the shares after the company’s ...
Bank of Montreal: Strengths And Risks That Need Consideration
Bank of Montreal's robust CET1 ratio and dividend history highlight its financial strength. Find out why BMO stock is a buy ...
Fed likely to stand pat this month, wait for clarity on any tariff impacts: BMO
December's softer-than-expected monthly core reading from the consumer-price index likely gives the Federal Reserve "some breathing room" ahead of uncertain impacts from tariffs, said BMO Capital ...
BMO's Simeon Siegel: We're seeing problems with multiples, not numbers
Simeon Siegel, retail analyst at BMO Capital Markets, joins CNBC's 'Closing Bell' to discuss outlooks on the retail landscape ...