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The Bank of Montreal (BMO) has recently taken steps to explore the potential sale of several U.S. branches. Holding about $6 billion in deposits. This move follows the bank’s 2023 acquisition of Bank of the West, as BMO looks to refine its operations across North America. BMO Why the Shift? According to sources familiar with […]
Jefferies Financial Group, a prominent Wall Street investment bank, is deepening its partnership with Japan’s Sumitomo Mitsui Financial Group (SMFG) to expand their global influence, particularly in the fields of mergers and acquisitions, financing, and private-equity services. Key Details of the Expanded Alliance SMFG’s commercial banking arm, SMBC, plans to increase its stake in Jefferies […]