Skip to main content. BMO also promised not to close branches or lay off front-line staff, which analysts say could make it harder for it to find cost savings. Retrieved 17 June Follow related authors and topics.
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Read MoreIt also wound down its reinsurance business and its energy book outside of North America. We have closed comments on this story for legal reasons or for abuse. For his part, White agrees that the results of everything BMO has done will become clearer over the next two years. Study and track financial data on any traded entity: click to open the full quote page. Report an editorial error. Though the regulatory process dragged on slightly longer than expected, the deal got approval in January, and the takeover was finalized the following month.