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Bank of Montreal's (BMO) 2011 acquisition of Wisconsin lender Marshall & Ilsley will yield...
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Tuesday, June 26, 2012, 12:41 PM ETBank of Montreal's (BMO) 2011 acquisition of Wisconsin lender Marshall & Ilsley will yield more cost savings than expected as the Canadian lender eyes greater expansion into the U.S. Midwest. The company reiterates its medium-term goal of $1B in profits from the U.S. - "a fivefold increase from 2010," says CEO Bill Downe.
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