Tag: Bank of Montreal

F&C Shareholders Approve Bank Of Montreal Takeover

F&C Shareholders Approve Bank Of Montreal Takeover

The shareholders of F&C Asset Management plc (LON:FCAM) (OTCMKTS:FCAFY), an asset manager based in the United Kingdom, approved the takeover proposal of the Bank of Montreal (NYSE:BMO) (TSE:BMO) for 120p-a-share or £708 million. According to Financial News, 99.6% of the shareholders […]

By Moody's Corporation (Moody's Corporation) [Public domain], via Wikimedia Commons

Moody’s Downgrades Canadian Banks, NBF Dissents

Canadian banks have been downgraded by Moody’s Corporation (NYSE:MCO). Just last month the banks were showing signs of resilience, but Moody’s does not see Canada’s banks the same way analysts at National Bank Financial (NBF) did when they issued their […]