Banking

Banking

BMO Receives Regulatory Approval to Acquire Bank of the West

TORONTO and CHICAGO, Jan. 17, 2023 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), today announced it has received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas (XPAR: BNP). BMO anticipates the acquisition will close on February 1, 2023, subject to the satisfaction of customary closing conditions. "We are excited to be bringing BMO and Bank of the West together to continue building a leading North American bank...
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