Structured Credit Losses Endanger Bank Of Montreal Rating

02 Jun 2009

Losses from structured credit markets along with exposure to the U.S. recession could cost Bank of Montréal its rating, according to Moody’s Investors Service.

Losses from structured credit markets along with exposure to the U.S. recession could cost Bank of Montréal its rating, according to Moody’s Investors Service. Moody’s said that while it views BMO as a “strong bank,” it noted that there will probably be higher credit losses down the road. ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial