BMO Financial Group Company Description
Bank of Montreal is bilingual -- it speaks Canadian and American business. Also known as BMO Financial Group, the company is one of Canada's oldest and biggest banks. Serving individuals, government agencies, and businesses large and small, it has about 1,000 branches that provide deposits, mortgages and loans, life insurance, credit cards, investments, and wealth management services. In the US, it owns Chicago's Harris Bankcorp, which performs similar services through more than 280 branches in Illinois, Indiana, and Wisconsin. Another subsidiary, BMO Capital Markets, offers brokerage and investment banking services mainly in Canada and the US.
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The Company Description provides a historical perspective of BMO Financial Group's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of BMO Financial Group's evolution in the marketplace.
