Citigroup Analyst Speculates on BMO's Intent for Harris Bank

Financial Post, David Pett, 9 May 2007Merger mania is gripping the banking industry in Chicago's metropolitan statistical area, forcing Bank of Montreal's hand regarding Harris Bank, according to Citigroup analyst Shannon Cowherd."It may be difficult to maintain its #3 rank with just below 10% market share without jumping in the fray," she said in a note to clients. "[We] believe BMO will succumb