atHome Top Story (Free subscription) | 11/24/2009
... of 2009 as we have achieved strong revenue growth while keeping a firm grip on expenses," said Bill Downe, BMO's president and chief executive officer.The bank said growth in all operating groups and a reduction in corporate services helped boost its revenue during the fourth quarter of fiscal 2009, which ended Oct. 31.This was offset however by the weaker U.S. dollar which decreased...
Toronto Sun - News (Free subscription) | 11/24/2009
... strong revenue growth while keeping a grip on expenses," BMO President and Chief Executive Bill Downe said in a statement. "While we expect credit card losses to remain elevated into 2010, we believe we are well positioned to further growth as the economy improves."
Banknerd.ca (Free subscription) | 11/24/2009
... offset by the weaker U.S. dollar which decreased revenue growth by $20 million from a year ago. Bill Downe , BMO’s president and chief executive officer noted that their tight control over staffing levels and supplier costs helped increase their earnings. Downe does expect that credit losses will remain elevated in 2010, and that BMO is well positioned for further growth as...
SeekingAlpha.com (Free subscription) | 10/23/2009
Streetwise Blog submits: By Andrew Willis B ank of Montreal ( BMO ) chief executive officer Bill Downe may remember this as the year he kept proving his doubters wrong. Complete Story »
