BMO staff not in business to push products: CEO

Tue Apr 4, 2017 11:07am EDT
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TORONTO (Reuters) - Bank of Montreal's (BMO.TO: Quote) chief executive said on Tuesday the bank has guidelines to prevent inappropriate sales behavior and expressed confidence in the bank's staff.

"I have confidence that they know we're not in business to push products," said CEO William Downe in a speech at the bank's annual shareholder meeting.

(Reporting by Solarina Ho; Editing by Chizu Nomiyama)

Bank of Montreal (BMO) Financial Group President and Chief Executive William Downe speaks at the bank's annual general meeting of shareholders in Saskatoon, Saskatchewan April 10, 2013.  REUTERS/Derek Mortensen