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BMO Bank, N.A. (colloquially BMO; US: / b iː m oʊ /) is an American national bank that is headquartered in Chicago, Illinois.It is the U.S. 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 of Montreal (French: Banque de Montréal), abbreviated as BMO (pronounced / ˈbiːmoʊ /), is a Canadian multinational investment bank and financial services company. The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank, [5] making it Canada's oldest bank. [6] In 2023, the company’s seat in Forbes Global 2000 was 84. [7]
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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 Canada, founded in 1817.
Marshall & Ilsley Corporation (also known as M&I Bank) was a U.S. bank and diversified financial services corporation headquartered in Milwaukee, Wisconsin, that was purchased by Bank of Montreal in 2010. The bank was founded in 1847 and by 2008 the bank had assets of $63.5 billion and over 250 branches. [5]
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According to a ranking produced by Standard & Poor's, in 2017, the Big Five banks of Canada are among the world's 100 largest banks, with TD Bank, RBC, Scotiabank, BMO, and CIBC at 26th, 28th, 45th, 52nd, and 63rd place, respectively. [4] RBC and TD Bank are also on the Financial Stability Board 's list of systemically important banks as of 2020.
Alma mater. University of Western Ontario. Occupation. Banker. Title. CEO, Bank of Montreal. Term. November 2017-. William Darryl White (August 1971) is a Canadian banker, and the chief executive officer (CEO) of Bank of Montreal, since 1 November 2017, when he succeeded Bill Downe.