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The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank, [4] making it Canada's oldest bank. [5] In 2023, the company’s seat in Forbes Global 2000 was 84. [ 6 ] Its head office is in Montreal and its operational headquarters and executive offices are located in Toronto , Ontario , since 1977.
The Bank of Montreal's Head Office (French: Édifice de la Banque de Montréal) is located on 119, rue Saint Jacques (119, Saint Jacques Street) in Montreal, Quebec, Canada, across the Place d'Armes from the Notre-Dame Basilica in the Old Montreal neighbourhood. The Bank of Montreal is the oldest bank in
Merged into the Bank of Montreal. [58] Bank of Canada (1st) 1818 1831 Merged into the Bank of Montreal. [59] Bank of Clifton 1859 1863 Reincarnation of Zimmerman Bank. Closed. [60] Bank of the County of Elgin 1855 1862 Closed. [61] Bank of Fredericton 1836 1839 Merged into the Commercial Bank of New Brunswick. [62] Bank of Hamilton: 1872 1923
After modest beginnings, the bank expanded substantially around 1900. At the end of World War I, Banque Nationale (based in Quebec City), Provincial Bank of Canada (Banque Provinciale) and Banque d'Hochelaga all competed to serve the French-speaking Quebec market. In 1924 an unarmoured bank vehicle carrying silver was robbed and a bank employee ...
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).
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. BOLSA contributed its branches in the West Indies and northern South America, and Bank of Montreal contributed capital. 1959 BOLAM established a branch in Jamaica.
The City Bank of Montreal (known in French as "La Banque de la Cité") was an early bank founded in Montreal in 1833, [1] when it was part of Lower Canada. It was founded as a counterpart to the Bank of Montreal , whose politically conservative directors made it difficult for leading liberals to do business in the province. [ 2 ]
The mayor of Montreal addresses a crowd during a run at the Montreal City and District Savings Bank, 1872. LBC's history began in 1846 with the founding of the Banque d'Épargne de la Cité et du District de Montréal, or Montreal City and District Savings Bank, by Bishop Ignace Bourget and a group of 15 prominent individuals from Montreal, Quebec.