All Bank of Montreal articles
The Securities and Exchange Commission and Commodity Futures Trading Commission continued their crackdown on financial firms’ recordkeeping failures regarding employee use of off-channel communications with $555 million in total fines levied against nine institutions and their affiliates.
Bank of Montreal announced the appointment of Piyush Agrawal as chief risk officer, effective Nov. 1. Agrawal joins BMO from Citigroup, where he held the role of chief risk officer for Citibank, N.A. and global head of climate risk since 2021.