Back-office woes in a remote-working world [Investment Executive - News]
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
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Source: Investment Executive - News
Two years into the pandemic, brokerage firms continue to face challenges in their front-and back-office operations. As a group, financial advisors rated their firms’ “remote work & mobile technology support” 8.8, up from 8.4 a year ago (when the category only assessed mobile support). For seven firms, their performance ratings in the category improved significantly (by 0.5 or more), while the ratings for two fell significantly. Wellington-Altus Private Wealth Inc. (9.7, down from 9.9 in 2021) and National Bank Financial Inc. (NBF; 9.5, up from 9.0) led the category. “The tools we have available allow us to perform everything we need to do for clients without any delay or hiccups whatsoever. It’s amazing,” said a Wellington-Altus advisor. Fellow advisors praised the firm’s dedicated IT team. “They’ve done a really good job. [Remote working] wasn’t important to me before but this year it is,” said an NBF advisor. Other NBF advisors praised features such as easy document sharing. Re
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News
- Posthaste: Canadian dollar could throw wrench into Bank of Canada rate cut plans [Financial Post (Toronto, Ontario, Canada)]Financial Post
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- BMO to Redeem Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 27 (Non-Viability Contingent Capital (NVCC))PR Web
- Homes For Heroes and Bank of Montreal Join Forces [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Homes For Heroes and Bank of Montreal Join Forces [Yahoo! Finance]Yahoo! Finance
BMO
Earnings
- 2/27/24 - Beat
BMO
Analyst Actions
- 3/20/24 - Barclays PLC
BMO
Sec Filings
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- BMO's page on the SEC website