UPDATE 5-Bank of Montreal profit drops on costs to cut 5% of workforce
Bank of Montreal reported a drop
in fourth-quarter net profit on Tuesday, driven by severance
costs to cut about 5% of its workforce, even as earnings
excluding the one-time items beat expectations.
in fourth-quarter net profit on Tuesday, driven by severance
costs to cut about 5% of its workforce, even as earnings
excluding the one-time items beat expectations.
Posted by Reuters
