Stonepeak Completes Acquisition of BMO's Transportation and Vendor Finance Businesses and Launches Longview Capital Solutions

NEW YORK & DALLAS--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure, today announced the completion of its acquisition of BMO Financial Group's (TSX: BMO) (NYSE: BMO) Transportation Finance and Vendor Finance businesses in the United States and Canada, and the launch of the independent company as Longview Capital Solutions (“Longview” or the “Company”).Longview is a leading commercial equipment finance platform serving customers across North Americ.

Business Wire • 2 hours ago

BMO Closes Sale of Transportation and Vendor Finance Businesses

TORONTO and CHICAGO, Oct. 29, 2026 /PRNewswire/ -- BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced it has closed the previously announced sale of its Transportation Finance and Vendor Finance businesses to Stonepeak. At closing, BMO transferred approximately 75% (C$11 billion) of the estimated C$14.5 billion total combined loan and lease portfolio to Stonepeak, with the remaining balances expected to transfer in the first quarter of fiscal 2027, subject to customary conditions.

PRNewsWire • 3 hours ago

TSX Composite Index outlook: Top catalysts for Canadian stocks this week

The TSX Composite Index has come under intense pressure in the past few months. It dropped to 35,788 points on Friday, down by 3.53% from the year-to-date high.

Invezz • Oct 26, 2026

Dividend Champion, Contender, And Challenger Highlights: Week October 25

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies that changed their dividends. Companies with upcoming ex-dividend dates.

Seeking Alpha • Oct 24, 2026

BMO Becomes First Canadian Issuer to Deploy Mastercard Embedded Commercial Payments

BMO and Mastercard have launched a new embedded commercial payments capability that can be integrated into participating enterprise software platforms in Canada and the United States, BMO said in a Thursday (Oct. 1) press release.

PYMNTS • Oct 2, 2026

BMO Sees Loan Demand Surge as Returns Rise Toward 2027 Targets

Bank Of Montreal NYSE: BMO Chief Financial Officer Rahul Nalgirkar said the bank is seeing stronger client activity and loan demand despite uncertainty surrounding Canada-U.S. trade negotiations, while maintaining its focus on improving returns through core operating performance.

MarketBeat • Sep 23, 2026

All You Need to Know About Bank of Montreal (BMO) Rating Upgrade to Buy

Bank of Montreal (BMO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Zacks Investment Research • Sep 17, 2026

Bank of Montreal (BMO:CA) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

Bank of Montreal (BMO:CA) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

Seeking Alpha • Sep 15, 2026

BMO, Sun Life Pledge C$75 Billion Private Capital for Canadian Infrastructure Push

BMO plans to mobilize up to C$70 billion over the next decade for sectors critical to Canadian economic security and resilience. Sun Life launched its own C$5 billion initiative to take direct debt and equity stakes in major national projects.

WSJ • Sep 11, 2026

BMO and REX Shares Launch MicroSectors™ 3× Long and -3× Short Communication Services (XLC) and Consumer Staples (XLP) ETNs (Cboe BZX: XLCU, XLCD, XLPU, XLPD)

NEW YORK, Sept. 9, 2026 /PRNewswire/ -- Bank of Montreal ("BMO") and REX Shares, LLC ("REX") announced today the launch of the following Exchange Traded Notes ("ETNs") issued by BMO: ETN Title Ticker Exposure Type MicroSectors™ 3× Long Communication Services (XLC) ETNs due July 31, 2046 (the "XLCU ETNs") XLCU 3× (long) MicroSectors™ -3× Short Communication Services (XLC) ETNs due July 31, 2046 (the "XLCD ETNs") XLCD -3× (short) MicroSectors™ 3× Long Consumer Staples (XLP) ETNs due July 31, 2046 (the  "XLPU ETNs") XLPU 3× (long) MicroSectors™ -3× Short Consumer Staples (XLP) ETNs due July 31, 2046 (the "XLPD ETNs") XLPD -3× (short) The ETNs will start trading tomorrow on the Cboe BZX Exchange, Inc. under the applicable ticker symbol identified above.

PRNewsWire • Sep 9, 2026