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...BNP still has more than half of a €7.6bn windfall from the disposal of Bank of the West, the US retail bank it sold to Bank of Montreal in 2021....
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...Bank of Montreal made a big splash when it acquired BNP Paribas’ US unit Bank of the West for $16.3bn in December 2021....
...Profits at the Big Six — which include Scotiabank, Toronto-Dominion Bank and Bank of Montreal — are expected to shrink this year as bad debt provisions rise and loan growth slows....
...He will be replaced by Andrew Irvine, a former Bank of Montreal executive. McEwan returned RBS to profit before moving to Australia to lead NAB four years ago....
...2014 Montreal Carbon Pledge, a global initiative encouraging investment management firms to monitor and reduce the carbon emissions associated with their investment portfolios....
...but the stock market value of the bank....
...A US study found 32 of 42 large European cities and 102 of 200 American cities built or expanded bike lanes, with the most appearing in New York (102km), London (100km), Montreal (88km) and Paris (80km)....
...Stefan GerlachChief Economist, EFG Bank, Zurich, Switzerland; Former Deputy Governor, Central Bank of Ireland, 2011-2015...
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...Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied...
...Seven banks — out of 45 then operating in the country — have been granted presidential approval, including Mercedes-Benz Bank, Ikano, J&T and Intesa....
...Yiddish is one of those languages with a lot of nuance....
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...Bank of America’s profits fell 18 per cent in the first quarter, dragged down by a jump in potential loan losses and additional expenses tied to last year’s regional banking crisis....
...Deutsche Bank lost a subsequent trial in 2017 but lodged an appeal, resulting in an another series of lawsuits....
...The Bank of England is facing growing Tory pressure for interest rate cuts ahead of its May rate-setting meeting, prompting warnings from economists that politicians should not impinge on the central bank...
...The Bank of England is widely expected to keep interest rates on hold....
...The Bank of Japan has ended an era of negative interest rates, raising borrowing costs for the first time since 2007 in a historic shift as the country puts decades of deflation behind it....
...But the bank warned that inflation remains “elevated” for service prices, which rose at an annual rate of 6.1 per cent last month....
...This is an audio transcript of the FT News Briefing podcast episode: ‘Bank of Japan ditches negative rates’Sonja HutsonGood morning from the Financial Times....
...“I would definitely be in favour of a rate cut in June,” German central bank boss Joachim Nagel said on Wednesday. “However, such a step would not necessarily be followed by a series of rate cuts.”...
...Bank of Montreal, Canadian Imperial Bank of Commerce and Toronto-Dominion Bank already have $128bn worth of variable-rate mortgages that are in “negative amortisation”....
...Bank of England’s forecasting methods, which will land soon....
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