Gordon Gekko… The Robot

Robot friendBank of Montreal is cutting brokers in dribs and drabs

“….The changes are part of another trend in retail money management: low-cost robo advisers have arrived and are offering clients mathematically derived solutions. And they are attracting assets, which in normal circumstances would have ended up with the brokers.”




In other business news…

TransCanada formally seeks NAFTA damages in Keystone XL rejection