The slowdown in the global economy has hit the world of finance. Deals have dried up, leading to a sharp drop in revenues. This has led to several firms announcing layoffs. The latest to join the bandwagon is the Bank of Montreal, whose capital markets unit is cutting about 100 positions or 3.5% of the division’s staff.

Canada's BMO capital markets announces layoffs

A spokesman for the bank said it believed that less than 50,000 of the bank's 8 million customers across Canada were hacked

Cyber attackers may have stolen data of nearly 90,000 customers, say Canadian banks

bank-of-montreal

Bank Of Montreal, News on Bank Of Montreal, stories on Bank Of Montreal, articles on Bank Of Montreal, Bank Of Montreal stories at Wion, Bank Of Montreal news, Bank Of Montreal latest news

bank of-montreal

Canada's BMO capital markets announces layoffs

Cyber attackers may have stolen data of nearly 90,000 customers, say Canadian banks