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How Digitization is Disrupting the Financial Sector - David Casper and Brett Pitts, BMO Financial...BMO Financial Group says it will close its retail auto finance business to reroute resources following a rise in bad debt. Bank of Montreal (BMO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will result in an unspecified. BMO Stops Car Loans in Canada and USA Due to Rising Unpaid Debts, Signaling Potential Job Losses. The Bank of Montreal (BMO), a major bank in.
