BMO May Be Hurt by Drop in Gas Prices

Bloomberg, Doug Alexander and Sean B. Pasternak, 4 October 2006Bank of Montreal may be the hardest- hit Canadian bank as natural-gas prices decline and the collapse of hedge fund Amaranth Advisors LLC cuts into trading revenue.The country's No. 4 bank by assets has more at stake in commodity and foreign-exchange trading than any of its Canadian rivals, according to Genuity Capital Markets.