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Stock impact report

National Bank Of Canada Extends Reach With New International Defence Bank [Yahoo! Finance]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
National Bank of Canada is joining other major Canadian financial institutions to help establish a new international defence bank. The initiative creates a multinational financial institution focused on defence related financing and cooperation. This move extends National Bank of Canada's reach beyond its domestic core and traditional retail and commercial banking activities. For investors watching TSX:NA, this step into an international defence focused institution comes as the bank's shares trade around CA$164.5. Over the past year, the stock has returned 35.0%, and over five years it has returned 171.2%. This sets the backdrop for a company that is already on the radar of many long term holders. This new defence bank could influence how National Bank of Canada positions itself in global financial circles and which partners it works with in the industry. As details emerge, you may want to watch for how the bank frames risks, regulatory obligations and capital commitments aro Show less Read more
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