Lew, who has 18 years of industry experience and worked at BMO for six years, is cooperating with the investigation and contests the SEC’s allegations ... to return $19.4 million in gains ...

Bank of Montreal BMO-T has terminated a New York-based managing director who was part of a U.S. regulatory probe into the bank’s debt-marketing practices. Records filed with the U.S. Financial ...

Adding to the excitement, Toronto FC has confirmed plans to expand BMO Field in preparation for the 2026 FIFA World Cup, ...

BMO U.S. Wealth Management is growing its Los Angeles and Newport Beach, Calif., teams with the addition of three new financial advisors from JP.Morgan. The Chicago-based firm announced the ...

BMO has announced the addition of three new financial advisors to BMO U.S. Wealth Management, based in Los Angeles and Newport Beach. As BMO grows its business in the Los Angeles area, new hires ...

Between December 2020 and May 2023, BMO sold $3-billion worth of mortgage-backed bonds. The SEC said BMO failed to “reasonably supervise its registered representatives” involved in the offer and sale ...

Between December 2020 and May 2023, BMO sold $3-billion worth of these bonds. The SEC said BMO failed to “reasonably supervise its registered representatives” involved in the offer and sale of these ...

The SEC alleges BMO sold $3 billion US worth of bonds with such a ... While BMO agreed to pay $19.4 million US in disgorgement, $2.2 million US in interest and a $19-million US civil penalty ...

The SEC said Monday that BMO Capital Markets “failed to reasonably ... gross-weighted average coupon rate, ranging from 3.9 per cent to 5.4 per cent, because the set was pooled from mortgages ...

The settlement announced by the SEC on Monday ... that BMO Capital Markets employees used offering sheets and metrics that inaccurately described collateral backing more than $3 billion of so ...