KKR Purchases $7.2 Billion Portfolio of Prime RV Loans

[ad_1] KKR purchased a $7.2 billion portfolio of super-prime recreational vehicle loans from BMO Bank National Association. The alternative-asset manager said funds and accounts managed by its credit business led…

BMO Named “Bank of the Year for Banking in the Community” by Financial Times’ The Banker for Innovative Support of Underserved U.S. Businesses

[ad_1] The Banker’s “Bank of the Year for Banking in the Community” award recognizes the most innovative initiatives undertaken by financial institutions that enrich and improve the societies in which…

BMO Climate Institute Business Leaders Survey: Nearly Half of Business Leaders in the U.S. and Canada Believe Climate Change Has Already Affected Their Businesses, but Few Have a Strategy

[ad_1] Business leaders are increasingly paying attention to the climate’s impact on the operation of their companies A growing number of companies are turning to carbon offset markets to help…

BMO Expands Minority Small Business Lending to 22 States with Zero Barriers to Business Program

[ad_1] BMO has committed $200 million in lending to Black, Latino, Native, and Women-owned businesses as part of BMO’s more than $40 billion community benefits plan “BMO EMpower 2.0” The…

BMO’s 19th Equity Through Education Trading Day Raises C$1.65 Million to Promote Education, Development and Progress for Promising Students Around the World

[ad_1] BMO Capital Markets opens the market from BMO’s Toronto trading floor to celebrate 19th anniversary of Equity Through Education Annual program donates a day’s worth of institutional equity trading…

BMO Financial Group Reports Third Quarter 2023 Results

[ad_1] BMO’s Third Quarter 2023 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended July 31, 2023 is available online at www.bmo.com/investorrelations and at www.sedarplus.ca. Financial Results…

BMO Launches Mobile Wallet for Virtual Cards with Mastercard and Extend

[ad_1] BMO pairs the efficiency and security of virtual cards with convenience of contactless payments for Commercial Banking clients in the U.S. and Canada BMO is the first global Mastercard…

BMO recognized as Best Private Bank, Best Commercial Bank and Best Retail Bank

[ad_1] TORONTO and CHICAGO, June 26, 2023 /PRNewswire/ – BMO has been named the Best Private Bank and Best Commercial Bank in Canada by World Finance Magazine for the 13th and…

BMO Financial Group Increases US$ Prime Lending Rate to 8.00 Percent

[ad_1] CHICAGO, March 22, 2023 /PRNewswire/ – BMO Financial Group today announced that it is increasing its US$ prime lending rate from 7.75 percent to 8.00 percent, effective March 23,…