01:23 PM EDT, 08/14/2025 (MT Newswires) -- Bank of Montreal ( BNKD ) and Royal Bank of Canada ( RY ) have put their joint Canadian payments venture up for sale, in a deal that could value the unit as much as $2 billion, Reuters reported, citing four people familiar with the matter.

The banks did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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