Bank of Montreal sold its finance businesses to Stonepeak.

The entities involved

• Bank of Montreal →

  Canadian investment bank

  • Keefe, Bruyette & Woods started coverage on BMO, and TD Securities reiterated a buy rating, while MarketBeat reported on BMO's average rating.Wed 12:05
  • Renewed US-Iran hostilities are causing oil prices to fall, while Canadian investors assess bank earnings amid market sentiment shifts.Wed 01:42
• Stonepeak →

  private equity firm

  • Chicago sought Stonepeak to acquire parking meters, while an association criticized the city's failed bid process.Tue 05:12

Related events

• Darryl White, who is involved in the event, leads Bank of Montreal during operational successes.Jun 7
• Bank of Montreal's head office was noted in Montreal, while Trudeau maintained distance from the business community.Oct 17