The Canadian Press

1998-01-23 | Bank Merger Barrett

Preview Clip

Royal Bank and Bank of Montreal announced in late January that they wanted to merge into the 10th biggest bank in North America. BMO chairman Matthew Barrett said the new bank would have the size and clout to take on large foreign financial institutions in Canada and abroad.

Date: 1998-01-23
Placeline: TORONTO, Ontario.
Source: The Canadian Press
Length: 21 seconds

Transcript Prediction: << but we don't plan to be is the corner hardware store waiting for Home Depot to arrive to put it out of business what we do plan is to give the financial equivalence of Home Depot or Walmart if you like the stiffest competition they've ever found >>