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Sunday, September 17, 2023

Canadian lender BMO to wind down retail auto finance business

Canada's third-largest bank, the Bank of Montreal (BMO), announced on Saturday its decision to phase out its retail auto finance division and redirect its attention toward other sectors. This strategic shift will unfortunately entail an undisclosed number of job reductions.

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Investors to keep eye on US-China tariff war, Q4 earnings and inflation data in holiday-shortened week

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