Business

BMO completes sale of 138 U.S. branches to First Citizens Bank

Castanet 15 h

Canada

BMO completes sale of 138 U.S. branches to First Citizens Bank — Sources: Castanet

BMO Financial Group says it has completed the sale of 138 branches in the United States to First-Citizens Bank & Trust Co. BMO says the transaction supports its strategy to optimize its U.S. network and focus on markets with long-term growth potential. The branches involved in the sale are...

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