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Bank of Montreal (BMO)

Bank of Montreal (BMO) logoBank of Montreal (Banque de Montréal or BMO Financial Group), is the fourth largest bank in Canada by deposits. With total assets of $412 billion as of October 31, 2010, and 38,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and solutions.

In Canada, the bank operates as BMO Bank of Montreal and has more than 900 branches, serving over 7 million customers. In the United States, clients are served through Harris, a major U.S. Midwest financial services organization with a network of community banks in the Chicago area and wealth management offices across the United States, as well as BMO Capital Markets, our North American investment and corporate banking division.


These ads are not affiliated with Bank of Montreal (BMO)

Headquarter:
Toronto, Canada
Key People:
Bill A. Downe (CEO), David A. Galloway (Chairman)
Company Type:
Public (TSX: BMO, NYSE: BMO)
Website:www.bmo.com
Head Office:100 King Street West, 21st Flr
1 First Canadian Place
Toronto ON M5X 1A1
Phone: 1 877 CALL BMO (225-5266), (416) 867-5000
SWIFT (BIC):BOFMCAT2
Founded:1817
ID: 162. Updated: 01.03.2012
Facebook: bmocommunity Twitter: bmo
Disclaimer: Banks' information published on this site may not be true or accurate at all times. Always contact your bank to verify the correct bank parameters before using in a payment transaction. The directory of banks is published solely as a courtesy. We assume no responsibility or liability for the accuracy or completeness of the listings in directory. The data contained in this directory has been compiled from a number of sources.

Press Releases

06.07.2011 Bank of Montreal has completed the acquisition of Milwaukee-based Marshall & Ilsley Corporation (M&I). M&I Bank is combining with Harris Bank to form BMO Harris Bank N.A., part of BMO Financial Group. More
25.08.2010 For the third quarter ended July 31, 2010, BMO Financial Group reported net income of $669 million. Tier 1 Capital Ratio remains strong, at 13.55%. More
14.08.2009 BMO advises students – be smart about choosing your first credit card. What you should know about credit cards. More

Financial News

 China Overtakes the USA as the World’s Largest ATM Market - 04.04.2014
Chinese Financial News, an authoritative media of financial industry in China, released the report of Chinese ATM Market Overview 2013.
Source: GRG Banking Equipment
 The Global Islamic Microfinance Forum Ready to Set New Standards - 16.09.2013
The Forum will determine the Standards and strategic policies for Sustainable Islamic Microfinance Development.
Source: AlHuda Centre of Islamic Banking and Economics
 New Chairman for Mediterranean Bank Network (MBN) - 17.05.2013
Mr. Hassan El Basri has been elected as chairman of the Mediterranean Bank Network (MBN).
Source: Mediterranean Bank Network
 Islamic banking assets to surpass $1.8 trillion globally in 2013 - 05.02.2013
Global Islamic banking assets are forecast to cross $1.8 trillion in 2013 up from $1.3 trillion in 2011, Ernst & Young said in its World Islamic Banking Competitiveness Report 2013.
Source: zawya.com
 No more queues in front of ATMs - 23.01.2013
Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
 Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013
Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities.
Source: BBC
 Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012
Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one.
Source: Reuters

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