B of M's Barrett says clients can still expect 'world-class' bank

Article Abstract:

The Bank of Montreal said that the quality of its service will remain world class despite the failure of its proposed merger with Royal Bank of Canada. Bank of Montreal and Royal Bank of Canada has announced on Jan 23, 1998, that they would merge their operations and even warned that they would be forced to scale back their businesses if the merger fails. However, Finance Minister Paul Martin said that Canadian banks can cut their operations and still provide the world-class service to customers.

Commercial Banks, Commercial Banking, Strategy & planning, Bank of Montreal

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Enron lawsuit deal to broaden indexes

Article Abstract:

Enron Canada Corp.'s lawsuit against NGX Canada Inc. and Canadian Enerdata Inc. is dropped after it is agreed that Enron's online trading information will be included in both of the other companies' Alberta price indexes.

Legal issues & crime, Securities and Commodity Exchanges, On-Line Information Services, Telegraph & other communications, Security and commodity exchanges, Periodical Publishers, Electric, Gas & Water Utilities, Utilities, ELECTRIC, GAS, AND SANITARY SERVICES, Videotex & Teletext Svcs NEC, Periodicals, Commodity Exchanges, Newsletters, Cases, Online services, Internet services, Online information services, Periodical publishing, Energy industries, Energy industry, Public utilities, Commodities industry, Enron Canada Corp., Natural Gas Exchange Inc., Canadian Enerdata Ltd.

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