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Daily Archives: Dec 14, 2016

BMO CEO Bill Downe says oil doom overdone, but loan loss provisions will rise

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Bank of Montreal chief executive Bill Downe told shareholders Tuesday that the degree of apprehension about markets and also the cost of oil continues to be “disproportionate towards the evidence” as a result of the 24-hour news cycle. “Real insight needs time to work to emerge in order to be processed and understood. So when details are speeding around the ...

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