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BMO adviceDirect Margin LendingBMO Financial Group plans to close its indirect retail auto finance business in order to reroute resources, as borrowers dig deep to stay on top of recent. Bank of Montreal (BMO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will. Bank of Montreal will no longer originate indirect auto loans, the bank announced Saturday. The bank has operated its indirect auto loan business.
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