NEW YORK & DALLAS--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure, today announced the completion of its acquisition of BMO Financial Group's (TSX: BMO) (NYSE: BMO) Transportation Finance and Vendor Finance businesses in the United States and Canada, and the launch of the independent company as Longview Capital Solutions (“Longview” or the “Comp...
TORONTO and CHICAGO, Oct. 29, 2026 /PRNewswire/ -- BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced it has closed the previously announced sale of its Transportation Finance and Vendor Finance businesses to Stonepeak. At closing, BMO transferred approximately 75% (C$11 billion) of the estimated C$14.5 billion total combined loan and lease portfolio to Stonepeak, with the remaining bal...
The TSX Composite Index has come under intense pressure in the past few months. It dropped to 35,788 points on Friday, down by 3.53% from the year-to-date high.
BMO and Mastercard have launched a new embedded commercial payments capability that can be integrated into participating enterprise software platforms in Canada and the United States, BMO said in a Thursday (Oct. 1) press release.
BMO plans to mobilize up to C$70 billion over the next decade for sectors critical to Canadian economic security and resilience. Sun Life launched its own C$5 billion initiative to take direct debt and equity stakes in major national projects.
NEW YORK, Sept. 9, 2026 /PRNewswire/ -- Bank of Montreal ("BMO") and REX Shares, LLC ("REX") announced today the launch of the following Exchange Traded Notes ("ETNs") issued by BMO: ETN Title Ticker Exposure Type MicroSectors™ 3× Long Communication Services (XLC) ETNs due July 31, 2046 (the "XLCU ETNs") XLCU 3× (long) MicroSectors™ -3× Short Communication Services (XLC) ETNs due July 31, 2046 ...
TORONTO and CHICAGO, Sept. 4, 2026 /PRNewswire/ -- BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced the completion of the sale of 138 branches to First-Citizens Bank & Trust Company ("First Citizens Bank").
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