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Part0-Bank of Montreal Shuts Down Auto Finance Business: A Strategic Shift ExplainedNews Releases � Nov 7, BMO Decreases US$ Prime Lending Rate to Percent � Oct 24, BMO Survey: Americans Plan to Spend Less This Holiday Season. Gross impaired loans for BMO customers climbed higher for its latest quarter, which ended July 31, reflecting transportation customers' repayment troubles. Global investment firm KKR (KKR.N) said on Friday funds managed by its credit business has purchased a $ billion portfolio of super-prime recreational.