Barry Campbell is managing director in charge of leveraged credit at Bank of Montreal.
Bank of Montreal is selling at 10 times prospective earnings per share and yields 4.63%.
FORBES: Canadian Banks Look Stronger And Cheaper Than US Banks
Bank of Montreal (BMO) announced that quarterly profit increased by 37 percent, beating expectations.
Thorp owns more than 10% of Virtus, making his fund its second-largest shareholder, behind Bank of Montreal.
Bank of Montreal shares are currently trading up about 2.1% on the day.
Bank of Montreal shares are currently trading up about 0.8% on the day.
At Bank of Montreal, where he worked in the early 2000s, he raised concerns about an energy transaction, according to other people.
WSJ: Corzine Rebuffed Internal Warnings on Risks at MF Global
Bank of Montreal CEO Bill Downe said the move was an effort involved in a strategy to strengthen the Canadian bank's North American businesses.
In the process it leapfrogged Bank Of Montreal in our rankings.
"Canadian employment not only defied expectations in December, it also appears to be defying gravity, " said Doug Porter, the Bank of Montreal's deputy chief economist.
In a move that surprised government and financial circles last week, Canada's biggest bank, Royal Bank of Canada, agreed to merge with third-ranking Bank of Montreal.
应用推荐