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re: BMO to Exit Oil And Gas Investment Banking in the U.S.
Posted on 11/30/20 at 10:12 pm to BorrisMart
Posted on 11/30/20 at 10:12 pm to BorrisMart
Maybe. I would assume it is all about ROI and they see the future changing.
2
Posted on 11/30/20 at 10:16 pm to fightin tigers
quote:
and they see the future changing.
this is what I am more concerned about.
And GreatLakes... I honestly don't know. I grew up in an area that is really dependent on gas so everyone wants high gas prices and it seems like when there were layoffs and rigs being stacked the prices went down. But idk, i'm no economist.
Posted on 12/1/20 at 9:36 pm to fightin tigers
eh i dont think it has much to do with the future. still have 5 or 6 billion in energy loans in canada. they were in a lot of risky deals and lost their arse. plus they play 4th fiddle to other canadian banks, nevermind all the US banks.
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