Seeking Alpha

Bank of Montreal's (BMO) earnings beat was less than meets the eye as more than 25% of the $1.1B...

Bank of Montreal's (BMO) earnings beat was less than meets the eye as more than 25% of the $1.1B it earned was from a big gain in its corporate services division - home to its discontinued structured credit business, among other odds and ends. Core operations - retail banking and capital markets - made less money than a year ago.
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