BMO says clients are adjusting well to trade tensions
Aug. 25 (Reuters) - Bank of Montreal BMO.TO:
BMO CEO on trade tensions says working with clients on liquidity investment decisions, supply chain adjustments, and market diversification; says clients are adjusting well: conf call
BMO exec says the North American economies continue to demonstrate resilience amid elevated geopolitical risks and evolving trade landscapes
BMO exec says economic growth has resumed in Canada, and growth in the U.S. remains solid, supported by AI-driven expansion
BMO CRO says do not see recent tariff announcement as a broad-based credit event
BMO CRO says expect fourth-quarter impaired PCL to be in line with third-quarter amid trade tensions