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BMO Capital Cutting Jobs !! #rahulmagan #shorts #tcgBank of Montreal (BMO) has once again begun staff reductions in its US investment banking unit, impacting key positions including managing directors. Bank of Montreal's capital markets unit is cutting about positions, or % of the division's staff, in response to a weak environment. Bank of Montreal is reducing staff in its US investment banking unit again, including at least two managing directors, as the Canadian lender continues to trim.