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Should the discussions mature into a deal, it would mark a rare ownership change in Australia’s tight-knit stockbroking set.
Electronic Payments International on MSN1d

RBC and Bank of Montreal explore sale of payments JV Moneris

Moneris is the payment processor in Canada, offering a range of payment solutions to approximately 325,000 merchant locations across the country.
BMO & RBC consider selling Moneris, valued at $2B. Learn about its $700M annual revenue and dominance, processing 1 in 3 ...
Bank of Montreal has a 12 month low of $76.98 and a 12 month high of $106.00. The business’s 50-day moving average is $96.36 and its 200 day moving average is $97.45. Bank of Montreal Cuts Dividend ...
Bank of Montreal closed 1.2% short of its 52-week high of C$158.00, which the company achieved on August 14th.
Bank of Montreal Trading Down 1.2 % NYSE:BMO opened at $96.70 on Friday. Bank of Montreal has a 12 month low of $76.98 and a 12 month high of $106.00. The company has a current ratio of 0.98, a ...
Bank of Montreal closed 0.7% short of its 52-week high of C$158.00, which the company achieved on August 14th.
Bank of Montreal bid $37.30 a share for Merchants, or 33 percent more than its closing share price on Monday. Merchants is based in New Berlin. Ozaukee, based in the Milwaukee area, is privately held.
Bank of Montreal shares were down 5.5% at $83.93 in early trading Tuesday following the company's earnings release, and have lost about 15% of their value since the start of the year.
That said, Bank of Montreal has one of the smallest exposures to the domestic real estate market in Canada, and we view this as a manageable risk for the bank, particularly as it is well ...
Bank of Montreal fell as much as 2.4% before reversing to close up 0.3% in Toronto as global equity markets rallied. The S&P/TSX Composite Commercial Banks index jumped more than 1%. Canada’s ...