Business & Finance
BMO US Commercial Bank Head on Yields, M&A Pipeline
Key Points
Tony Sciarrino, BMO's US Commercial Bank Head, said rising interest rates have not yet caused a meaningful slowdown in client planning or borrowing. He said BMO’s client roundtables show companies remain focused on growth, even though executing in a higher-rate environment requires more discipline and stronger performance than when rates were lower. He speaks to Romaine Bostick on "The Close."
Tony Sciarrino, BMO's US Commercial Bank Head, said rising interest rates have not yet caused a meaningful slowdown in client planning or borrowing. He said BMO’s client roundtables show companies remain focused on growth, even though executing in a higher-rate environment requires more discipline and stronger performance than when rates were lower. He speaks to Romaine Bostick on "The Close." (Source: Bloomberg)