TORONTO May 25 Bank of Montreal on Wednesday reported a slightly lower-than-expected quarterly profit and set aside more funds to cover losses on bad loans.
BMO, Canada's fourth-biggest bank, said net income for the second quarter ended on April 30 fell 3 percent to C$973 million ($742 million), or C$1.45 per share, from a year earlier.
14:41 ACA enrollment to rise by 1 million next year, Obama administration projects1
13:11 Morgan Stanley profit jumps on bond-trading comeback2
18:57 Bank Leumi to pay $1.6 million over 'unregistered' cross-border business
12:45 Equities trading stings Wall Street banks as investors embrace bonds3