archiveBMO Financial Group

Banking

BMO Financial Group and BNP Paribas Announce Global Commercial Agreement

This bi-lateral agreement between the two groups will provide commercial banking clients with continuity of service, leasing services and global coverage CHICAGO, PARIS and TORONTO, Feb. 21, 2023 /PRNewswire/ - BMO Financial Group ("BMO") and BNP Paribas announce today a long-term commercial agreement and new cross-border framework to enhance coverage and access to a global network for their commercial banking clients. They will also enter into a comprehensive leasing services partnership. As part of this collaboration agreement, both banks will continue to provide, and expand on international services offered to...
Banking

BMO Announces Executive Appointment

TORONTO, Feb. 15, 2023 /PRNewswire/ - BMO Financial Group today announced the appointment of Nadim Hirji as Group Head, BMO Commercial Banking. Mr....
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...