Bank Of Montreal
Recent News About Bank Of Montreal
-
BMO lowers US dollar prime lending rate to 6.75 percent
BMO has announced it will lower its US dollar prime lending rate from 7.00 percent to 6.75 percent, with the change taking effect on December 11, 2025.
-
BMO launches payment APIs for integrated finance across North America
BMO Commercial Bank's Treasury and Payment Solutions group has introduced new Payment APIs, aimed at allowing businesses in Canada and the United States to integrate real-time payment features into their Enterprise Resource Planning (ERP) systems,...
-
Americans' average holiday spending rises sharply amid inflation concerns
Americans are expected to spend an average of nearly $2,800 during the 2025 holiday season, according to new data from the BMO Real Financial Progress Index.
-
BMO named among America’s most trusted companies by Forbes for 2026
BMO has been named to the 2026 Forbes list of America's Most Trusted Companies.
-
BMO increases financing spread on MicroSectors Gold Miners leveraged notes
Bank of Montreal (BMO) has announced an increase in the financing spread for its MicroSectors Gold Miners 3X Leveraged Exchange Traded Notes (ETNs), which are listed on NYSE Arca under the ticker symbol GDXU.
-
BMO awards grants supporting women-led small businesses across United States
BMO, in partnership with Deloitte, has announced the recipients of its 2025 BMO Celebrating Women grant program.
-
BMO to sell 138 U.S. branches and open 150 new locations over five years
BMO has announced plans to optimize its U.S. branch network by selling 138 branches to First-Citizens Bank & Trust Company.
-
BMO lowers US dollar prime lending rate to 7 percent effective October 30
BMO announced on October 29, 2025, that it will lower its US dollar prime lending rate from 7.25 percent to 7.00 percent.
-
BMO commits $8 million for California nonprofits and wildfire recovery
BMO has announced an $8 million commitment to nonprofit organizations in California, including $5 million in new grants aimed at strengthening communities across the state.
-
BMO ranks joint first globally for AI talent development in banking
BMO has been named the joint top bank globally for AI Talent Development in the 2025 Evident AI Index, a ranking that measures artificial intelligence maturity among the world's 50 leading banks.
-
BMO survey finds lack of money management impacts women's post-divorce finances
Many women who did not manage household finances during marriage face significant financial challenges after divorce, according to new research from BMO.
-
BMO announces reverse split for MicroSectors Gold Miners -3X Inverse Leveraged ETNs
Bank of Montreal (BMO) announced it will conduct a 1-for-20 reverse split for its MicroSectors Gold Miners -3X Inverse Leveraged Exchange Traded Notes (ETNs), with the change expected to take effect at the start of trading on October 22, 2025.
-
BMO’s Carolyn Booth recognized among most powerful women in banking by American Banker
Carolyn Booth, Head of U.S. Personal and Business Banking at BMO, has been named to American Banker Magazine's "Most Powerful Women in Banking" list.
-
BMO survey finds young American families face growing multigenerational financial pressures
American families are increasingly facing complex financial responsibilities that span multiple generations, according to new data from the BMO Real Financial Progress Index.
-
BMO reduces US dollar prime lending rate to 7.25 percent
BMO announced it will lower its US dollar prime lending rate from 7.50 percent to 7.25 percent, effective September 18, 2025.
-
BMO signs five-year deal as official bank partner for UC Berkeley
BMO has signed a five-year agreement to become the Official Bank of UC Berkeley, continuing a partnership that began after BMO acquired Bank of the West in 2023.
-
Most American parents face increased financial stress but remain optimistic
Most American parents with children under 18 at home are experiencing heightened financial stress, according to the latest BMO Real Financial Progress Index.
-
BMO launches Escape Credit Card with travel rewards and no foreign transaction fees
BMO has introduced the BMO Escape Credit Card with Mastercard, a travel rewards credit card aimed at helping travelers maximize their spending through a range of benefits and reward options.
-
BMO opens applications for 2025 Celebrating Women grant program for small businesses
BMO, in partnership with Deloitte, has opened applications for its 2025 BMO Celebrating Women grant program.
-
BMO announces application opening for Los Angeles Wildfire Recovery Fund
BMO has announced that its Wildfire Recovery Fund is now accepting applications to support the Los Angeles community in recovering from this year's wildfires.