Bank of Montreal is revamping its management team amid a restructuring of its United States businesses and the planned retirement of one of its top executives.

A CIBC Capital Markets analyst has upgraded Royal Bank of Canada (RY.TO)(RY) and downgraded Bank of Montreal (BMO.TO, BMO) and National Bank of Canada (NA.TO), in response to this week’s U.S ...

CEO of the firm’s overall US operations. Erminia Johannson, who has been with Bank of Montreal since 2012 and led its North American personal and business banking group since 2020, plans to retire ...