Tag : BMO Financial Group

BMO Receives Regulatory Approval to Acquire Bank of the West
Banking News

BMO Receives Regulatory Approval to Acquire Bank of the West

Fintech News Desk
by Fintech News Desk0
BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A., announced it has received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas. BMO anticipates the acquisition will close on February 1, 2023, subject to the satisfaction of customary......
BMO Announces New $650,000 Investment in Madison, Wisconsin
Finance News

BMO Announces New $650,000 Investment in Madison, Wisconsin

Fintech News Desk
by Fintech News Desk0
New donations throughout the Madison community supporting Black-owned businesses and Black entrepreneurs, expansion of Black cultural programs, and Boys & Girls Clubs skilled trades career opportunities BMO’s commitment to Madison now exceeds over $1 million BMO Financial Group today announced a $650,000 investment in several Madison community programs and organizations. These contributions will support the Urban League of Greater Madison’s Black Business......
BMO Financial Group Announces Commercial Banking Office in Grand Rapids, Michigan
Banking Finance News

BMO Financial Group Announces Commercial Banking Office in Grand Rapids, Michigan

Fintech News Desk
by Fintech News Desk0
The team is focused on providing BMO’s broad array of banking services and industry expertise to a wide variety of local industries BMO Financial Group announced a commercial banking office in Grand Rapids, Michigan, led by BMO’s Michigan Managing Director, James Hess. Located at 250 Monroe Ave., it is comprised of......
BMO Joins Leading US Banks in Support of Ownership Works, to Help Create Wealth for Working Families
Business Finance News

BMO Joins Leading US Banks in Support of Ownership Works, to Help Create Wealth for Working Families

Fintech News Desk
by Fintech News Desk0
Ownership Works and founding partners to advocate for and implement employee  ownership programs that create economic opportunity for working families, advance racial equity, enhance employee engagement and build stronger companies BMO Financial Group (BMO) announced its partnership with Ownership Works, a new nonprofit with a mission to increase prosperity through......
RMA Forms New Climate Risk Consortium for Regional Banks
Banking News Risk Management

RMA Forms New Climate Risk Consortium for Regional Banks

Fintech News Desk
by Fintech News Desk0
Consortium for Large Banks Grows, Includes Ally Bank, BMO Financial Group, Societe Generale, Sumitomo Mitsui Banking Corporation (SMBC), TD Bank Group The Risk Management Association announced it has strengthened its commitment to advance climate risk management in the financial industry by forming the RMA Regional Bank Climate Risk Consortium. It also......
BMO Makes First Direct Equity Investment in Commercial Development with DL3 Realty Advisors
Investment Services News

BMO Makes First Direct Equity Investment in Commercial Development with DL3 Realty Advisors

Fintech News Desk
by Fintech News Desk0
BMO Financial Group and DL3 Realty Advisors, LLC, a Black-owned commercial real estate development firm whose Venture Development model is leading a new wave of institutional investment in Chicago’s neighborhoods, announced an equity partnership in the redevelopment of a vacant big box store that will create 1,000 new jobs in the......
BMO Financial Group Announces Expansion of Commercial Banking Operations
Banking News

BMO Financial Group Announces Expansion of Commercial Banking Operations in Florida

Fintech News Desk
by Fintech News Desk0
Team focused on providing mid-market customers throughout the state with access to BMO’s full array of financial services and industry expertise BMO Financial Group has expanded its commercial banking operations in Florida, announcing new leaders in South Florida, West Florida and Central/North Florida regions. The Florida commercial banking team will continue to be overseen by Marty......
BMO Financial Group Accelerates North American Growth with Strategic Acquisition of Bank of the West
Banking News

BMO Financial Group Accelerates North American Growth with Strategic Acquisition of Bank of the West

Fintech News Desk
by Fintech News Desk0
Expansion to major new U.S. geographies, including highly attractive California market, a natural next step in BMO’s North American growth strategy BMO Financial Group, and its indirect wholly-owned Chicago-based subsidiary BMO Harris Bank N.A., announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries,......
A Global First: BMO Supports Bruce Power with World's First Nuclear Green Financing Framework
Fintech News

A Global First: BMO Supports Bruce Power with World’s First Nuclear Green Financing Framework

Fintech News Desk
by Fintech News Desk0
Canada’s only private-sector nuclear generator produces 30 percent of Ontario’s power and is committed to mitigate climate change and enhance a clean, safe and sustainable way of life for present and future generations BMO committed to deploy $300 billion in sustainable lending and underwriting to companies pursuing sustainable outcomes by 2025, and to be its......
BMO Harnesses AI Technology for Capital Markets Structured Note Pricing and Scenario Analysis
Artificial Intelligence Capital Markets News

BMO Harnesses AI Technology for Capital Markets Structured Note Pricing and Scenario Analysis

Fintech News Desk
by Fintech News Desk0
BMO Financial Group and Riskfuel Analytics a Toronto-based start-up, announced a partnership to develop models for pricing and scenario analysis of structured derivatives transactions. This comes following a successful pilot project, which saw quantitative researchers from both firms develop a solution to speed up valuation of autocallable notes which previously presented significant runtime challenges......
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