BMO quarterly profit all but vanishes

Article Abstract:

Bank of Montreal (BOM) saw its profits disintegrate during the 2001 fourth-quarter due to increased costs and a poor market. The bank, which posted four million Canadian dollars on its bottom line for the period posted 485 million Canadian dollars during the same 2000 period.

Commercial Banks, Commercial Banking, Canada, Sales, profits & dividends, Banking industry, Finance, Profit, Profits, Bank of Montreal

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EU breaks off China WTO talks

Article Abstract:

Trade negotiations between China and the European Union collapsed after reaching an impasse. The talks, which were aimed at setting terms for China's entry into the World Trade Organization, have focused on the telecommunications, insurance and automobiles sectors.

Administration of General Economic Programs, European Union, International economic relations, Trade Negotiations, China, International aspects, Membership, World Trade Organization

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