BMO: Tech synergies to help recoup costs of $16B Bank of West buyout

Bank of Montreal (BMO) foresees no significant integration issues arising from its $16.3 billion acquisition of Bank of the West announced Monday since the banks’ core platforms and suppliers are strikingly similar. IT also plays a key role in synergies that BMO contends will help to recoup the cost of the deal, with 30% coming […]