020507
BMO TO SHED 1,000 JOBS
Toronto-headquartered Bank of Montreal (BMO) announced that it will be eliminating about 1,000 positions as part of a stated restructuring. Most of the jobs are expected to be in the non-customer-facing areas of the company across all support functions and business groups, say bank officials.
NASDAQ FOUNDER PASSES
Founder and past president of the Nasdaq Stock Market Gordon S. Macklin passed away last week. Macklin founded Nasdaq in 1971 and served at Nasdaq and the NASD
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