BMO Capital Markets to pay $40M in SEC settlement
Canadian bank's capital markets arm reportedly failed to detect representatives' misleading disclosures involving $3 billion of mortgage-backed "sliver bonds" sold over a multi-year period.
BMO Capital markets settles with SEC over bond desk supervision
BMO Capital Markets agreed to pay more than $40 million to settle U.S. Securities and Exchange Commission charges it failed to properly supervise employees who sold mortgage-backed bonds, the regulator said on Monday.
Corebridge initiated with an Outperform at BMO Capital
BMO Capital initiated coverage of Corebridge (CRBG) with an Outperform rating and $43 price target The current conditions in capital markets
BMO Capital maintains Allstate stock Outperform rating, $222 target
BMO Capital Markets reiterated its Outperform rating and $222.00 price target for Allstate Corporation (NYSE:ALL), expressing confidence in the insurance giant's growth prospects. According to InvestingPro data,
BMO Capital Initiates Coverage of Primerica (PRI) with Market Perform Recommendation
Fintel reports that on January 23, 2025, BMO Capital initiated coverage of Primerica (NYSE:PRI) with a Market Perform recommendation. Analyst Price Forecast Suggests 9.67% Upside As of December 23, 2024,
Electronic Arts downgraded to Market Perform from Outperform at BMO Capital
BMO Capital downgraded Electronic Arts (EA) to Market Perform from Outperform with a price target of $145, down from $160. The company
BMO unit to pay $40.7 million in US SEC settlement over misleading bond sales
A unit of Bank of Montreal agreed to pay $40.7 million to settle U.S. Securities and Exchange Commission charges that it ...
BMO maintains Outperform on Remitly, $27 target amid growth
BMO Capital Markets sustained their positive outlook on Remitly Global Inc (NASDAQ:RELY) with an Outperform stock rating and ...
BMO agrees to pay US$41-million to SEC after giving U.S. clients inaccurate information about mortgage-backed bonds
While the bank did not admit or deny any wrongdoing, BMO accepted a formal censure from the SEC as part of the settlement ...
SEC charges BMO US$40 million for selling 'misleading' mortgage-backed bonds
A regulator in the United States has charged a unit of the Bank of Montreal (BMO) more than US$40 million for selling ...
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Exelixis Inc (EXEL) Stock Posted a Gross Margin of 96.25% Over the Past Year: Is This Justifiable?
Exelixis Inc (EXEL) stock saw a modest uptick, ending the day at $34.13 which represents a slight increase of $1.25 or 3.80% from the prior close of $32.88. The stock opened at $33 and touched a low ...
Investing3d
BMO maintains positive outlook on Food Service sector stocks
On Friday, BMO Capital Markets maintained a constructive stance on the Food Service sector as it previewed the fourth quarter of 2024. The research firm indicated a stable to improving ...
BMO poll says 63% express recession concerns, 48% believe economy will weaken
The online poll also found 48 per cent of those surveyed believed the economy will weaken over the next year, while 19 per ...
Bank of Montreal (NYSE:BMO) Shares Acquired by Ballentine Partners LLC
Ballentine Partners LLC lifted its holdings in Bank of Montreal (NYSE:BMO – Free Report) (TSE:BMO) by 10.9% in the fourth ...
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Ionis Pharmaceuticals Inc (IONS)’s Stock Surge: What You Need to Know
Ionis Pharmaceuticals Inc (IONS) stock saw a modest uptick, ending the day at $34.46 which represents a slight increase of $1.96 or 6.03% from the prior close of $32.5. The stock opened at $32.58 and ...