BRIEF-BMO says branch count likely to fall over medium term

Wed May 25, 2016 2:51pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

May 25 (Reuters) -

* Bank of montreal cfo says sees ongoing cost savings upwards of c$200 million from restructuring

* Bank of montreal says likely in medium term that branch count will be slightly down

* Bank of montreal cro says expects increase in loan impairments from current level

* Bank of montreal cro says most of loans becoming impaired in last quarter were from u.s.

* Bank of montreal cfo says cannot say wednesday's restructuring charge will be last bank takes Source text for Eikon: Further company coverage: [ ] (Reporting By Matt Scuffham)