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BMO Bank, N.A. (colloquially BMO; US: / b iː m oʊ /) is a U.S. national bank headquartered in Chicago, Illinois.It is a subsidiary of the Toronto-based multinational investment bank and financial services company Bank of Montreal, which owns it through the holding company BMO Financial Corporation (formerly Bankmont Financial Corporation, then Harris Financial Corporation).
The bank was established on 23 June 1817 [11] when a group of merchants signed the Articles of Association, formally creating the "Montreal Bank". [4] The signors of the document include Robert Armour, John C. Bush, Austin Cuvillier, George Garden, Horatio Gates, James Leslie, George Moffatt, John Richardson, and Thomas A. Turner.
Canadian banking group Bank of Montreal (BMO) completed the acquisition of Bank of the West in February 2023, with the intention of absorbing it into BMO's U.S. subsidiary BMO Harris Bank. Over the ensuing Labor Day weekend, the Bank of the West brand was retired, and all accounts and branches from both subsidiaries were converted and merged ...
The difference is the words "Bank of Montreal" will be replaced with "Harris Bank". The name change to "BMO Harris Bank" took place over a span of 18 months, completing on October 9, 2012. [18] On July 5, 2011, BMO Financial Group acquired Marshall & Ilsley Corporation through its subsidiary BMO Financial Corp. (formerly Harris Financial Corp).
In 1976 he left BMO for a nine-month period when he joined the Royal Bank of Canada, [2] but returned to the Bank of Montreal after this brief period. In 1987 he had become president, then in 1989 he was appointed chief executive officer, and in 1990 he was elected chairman of the board (relinquishing his title of President to Tony Comper who ...
1958 Bank of London and South America, an associate of Lloyds Bank, and Bank of Montreal established Bank of London and Montreal as a 50-50 JV with headquarters in Nassau in the Bahamas.
From 2001 to 2006, he was deputy chair of BMO Financial Group, and CEO of BMO Capital Markets. In February 2006, Downe was named chief operating officer and was chosen to replace Tony Comper as president and chief executive officer of BMO effective March 1, 2007, the day of BMO's annual general meeting. [3] [4] [5] [6]
BMO Center; BMO Centre; BMO Harris Bradley Center; BMO SmartFolio; BMO Tower (Milwaukee) C. BMO Capital Markets; D. Domville Building; F. F&C Asset Management; BMO Field;