BMO's Trucking Credit: A Slow and Uncertain Recovery

Is BMO Backing Out of Trucking? New data reveals BMO's transportation loan portfolio is shrinking, hinting at a possible sale of its transportation lending unit. Despite slight improvements in credit conditions and falling writeoffs, loan impairments remain high, and the CEO dodges questions about the division's future. Is this the end of the road for BMO's transportation group? Hosted on Acast. See acast.com/privacy for more information.