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BMLP - Dorsey Wright MLP Index ETN Due 10 Dec 2036 News Story

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Position in Universe th / 6852

BRIEF-BMO Expects 'Very Strong Recovery' In North America This Year Assuming Continued Vaccination Progress-Conf Call

Feb 23 (Reuters) - Bank of Montreal  BMO.TO :
    * BANK OF MONTREAL NOT 'COMPELLED' TO USE EXCESS CAPITAL FOR
M&A,
PREFERS NORTH AMERICA IF IT DOES DO DEALS-CONF CALL
    * BMO NOT 'BUILDING BUSINESS PLAN ON EXPECTATION' THAT
REGULATOR
WILL RELEASE RESTRICTIONS ON BUYBACKS, DIVIDEND INCREASES AT ANY
PARTICULAR DATE-CONF CALL
    * BMO EXPECTS 'VERY STRONG RECOVERY' IN NORTH AMERICA THIS
YEAR
ASSUMING CONTINUED VACCINATION PROGRESS-CONF CALL
    * BMO SURPRISED BY ABILITY OF CLIENTS IN CORONAVIRUS-HIT
SECTORS
TO WEATHER STRESS, RESULTING IN LOW LOSS RATES- CONF CALL

Source text for Eikon:  urn:newsml:reuters.com:*:nL4N2KT2DH urn:newsml:reuters.com:*:nCNWFLcqsa
Further company coverage:  BMO.TO 

 (Reporting By Nichola Saminather)
 ((Nichola.Saminather@thomsonreuters.com;))
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