BMO CEO Downe: Don't Have a Retirement Date Yet

The video discusses the Bank of Montreal's history, growth strategies, and market expansion, focusing on organic growth and acquisitions. It highlights the bank's strengths in various sectors and its approach to retail banking in Canada. The CEO shares insights on risk management, regulatory challenges, and leadership succession planning.

What year marks the bicentennial anniversary of the Bank of Montreal?

• 2020

• 2018

• 2017

• 2019

What is a key factor in the Bank of Montreal's acquisition strategy?

• High-risk investments

• Strong organic growth

• Opportunistic deals

• Focus on retail banking

Which sector is NOT mentioned as a strength of the Bank of Montreal?

• Oil and Gas

• Retail

• Biotech

• Mining

What has contributed to the growth of retail banking in Canada?

• Decreasing immigration

• Rural development

• Declining housing demand

• Urbanization

How has the Bank of Montreal prepared for potential disruptions in retail banking?

• Investing in mobile technology

• Focusing on international markets

• Reducing branch locations

• Increasing loan interest rates

What is a concern regarding the Canadian housing market discussed in the video?

• Decreasing homeownership

• Increasing mortgage defaults

• Low interest rates

• High interest rates

What aspect of the Bank of Montreal's management is highlighted in the video?

• Focus on short-term goals

• Strong management depth

• Frequent leadership changes

• Lack of succession planning