Bank of Montreal (BMO) is reportedly looking to sell some of its U.S. branches, particularly in Wyoming and the Dakotas. The bank could sell the branches together or in clusters and could sell loans along with deposits, The Wall Street Journal (WSJ) reported Tuesday (Sept....
The Royal Bank of Canada and the Bank of Montreal are reportedly considering the sale of Moneris, one of the largest payment processors in Canada. According to a Thursday (Aug. 14) Reuters report, Moneris processes one out of every three business transactions that take place...
Canadian banks are set to announce their quarterly earnings this week, and while analysts are optimistic about the results, they note that potential U.S. tariffs may dampen the mood. The Big Six banks — namely, Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia,...
Bank of Montreal is reportedly leading a group of underwriters launching a $2.55 billion loan to back the previously announced acquisition of Canadian payments processor Nuvei. The loan will have a seven-year term and will help fund the $6.3 billion leveraged buyout led by Advent International, management, Novacap...
April 18, 2018
From giving consumers in the developing world access to mobile and online banking capabilities to pushing banking tech forward in hopes of creating a new world of intelligent applications, digital banking technology is turning the financial industry on its head. And with the use of artificial intelligence, financial institutions (FIs) are also equipping consumers with […]
May 03, 2026
A pair of Canadian banks is reportedly in talks to sell payments-focused FinTech Moneris. The deal between Royal Bank of Canada and Bank of Montreal and the private equity firm Francisco Partners could value Moneris at more than $2 billion, the Financial Times (FT) reported Sunday (May 3), citing sources familiar with the matter. Despite […]
September 23, 2025
Bank of Montreal (BMO) is reportedly looking to sell some of its U.S. branches, particularly in Wyoming and the Dakotas. The bank could sell the branches together or in clusters...
August 14, 2025
The Royal Bank of Canada and the Bank of Montreal are reportedly considering the sale of Moneris, one of the largest payment processors in Canada. According to a Thursday (Aug....
February 24, 2025
Canadian banks are set to announce their quarterly earnings this week, and while analysts are optimistic about the results, they note that potential U.S. tariffs may dampen the mood. The...