RBC, BMO planning $2-billion sale of Moneris, sources say

RBC, BMO planning $2-billion sale of Moneris, sources say

PJT Partners, investment bankers from RBC Capital Markets and BMO Capital Markets advising on sale effort, according to sources

RBC and BMO Explore $2 Billion Sale of Moneris Payments Business | Fintech InShorts: Latest fintech news, analysis by experts

A Major Shift in Canadian Payments Landscape as Banking Giants Consider Strategic Business Move Highlights: RBC and BMO are in talks to sell Moneris for $2 billion, highlighting the growing importance of payments in banking. The potential sale represents a significant strategic move within the competitive landscape of Canada’s financial services. Moneris is one of the largest payment processors in Canada, making this deal impactful for both the…