Press "Enter" to skip to content

Ameriprise to Buy BMO Unit, Adding $124 Billion Under Management

https://www.bloomberg.com/news/articles/2021-04-12/ameriprise-to-buy-bmo-unit-adding-124-billion-under-management
Bank of Montreal agreed to sell its Europe, Middle East and Africa asset-management unit to Ameriprise Financial Inc. for 615 million pounds ($847 million), marking Chief Executive Officer Darryl White’s biggest move yet to trim the bank’s portfolio of non-co…