The Bank of Montreal is a Canadian multinational investment bank and financial services company. Founded in Montreal, Quebec, in 1817 as Montreal Bank, its head office remains in Montreal, with its operational headquarters and executive offices in Toronto, Ontario, since 1977. One of the Big Five banks in Canada, it is the fourth-largest bank in Canada by market capitalization and assets, and one of the ten largest banks in North America. It is commonly known by its acronym BMO, which is also its stock symbol on both the Toronto Stock Exchange and the New York Stock Exchange. In January 2021 it has CAD$667 billion in assets under administration (AUA).
Big Five is the name colloquially given to the five largest banks that dominate the banking industry of Canada: Bank of Montreal (BMO), Bank of Nova Scotia (Scotiabank), Canadian Imperial Bank of Commerce (CIBC), Royal Bank of Canada (RBC), and Toronto-Dominion Bank (TD). The term Big Six is sometimes used to include Canada's next largest bank, National Bank of Canada.
The Molson Bank was a Canadian bank founded in Montreal, Quebec, by brothers William (1793–1875) and John Molson, Jr. (1787–1860), the sons of brewery magnate John Molson.
NASDAQ Canada is a wholly owned subsidiary of the NASDAQ Stock Market Inc. and was created to extend Nasdaq's North American trading platform in Canada. Nasdaq Canada exists to enhance and ensure Canadian investors immediate trading access of all Nasdaq securities and issuers with the ability to raise capital more efficiently. Nasdaq Canada is regulated jointly by the NASDR and the Québec Securities Commission (CVMQ).
Le 1501 McGill College, also known as La Tour McGill, is a 158 m (518 ft), 36-storey skyscraper in Downtown Montreal. Named for its address at 1501 McGill College Avenue, it was completed in 1992 at the same time as the city's two tallest buildings, 1000 de La Gauchetière and 1250 René-Lévesque. It is connected to the McGill Metro station via the Underground City.
BMO Harris Bank, N.A. is a United States bank based in Chicago, Illinois. It is a member of the Federal Reserve System and operates branches in the states of Illinois, Indiana, Arizona, Missouri, Minnesota, Kansas, Florida, Wisconsin, and California. BMO Harris Bank has over 600 branches and 1,300 ATMs and employs 14,500 staff in the United States. BMO Harris Bank is the twentieth largest banking institution in the United States.
The Bank of Montreal's Head Office is located on 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. Although it still remains the bank's legal headquarters, its operational head office was moved to First Canadian Place in Toronto in 1977 due to political instability in Quebec.
Marshall & Ilsley Corporation was a U.S. bank and diversified financial services corporation headquartered in Milwaukee, Wisconsin, that was purchased by Bank of Montreal in 2010.
Royal Securities Corporation Limited was a stock brokerage firm founded in Halifax, Nova Scotia, Canada in early 1903 by John F. Stairs, its first president. The company was the first brokerage firm to be opened east of Montreal, Quebec, the then financial center of Canada.
Arthur James Nesbitt was a Canadian businessman and philanthropist. He was a cofounder of Nesbitt, Thomson and Company stockbrokerage and the Power Corporation of Canada.
James Aird Nesbitt was a Canadian department store owner.
Arthur Deane Nesbitt OBE, DFC, CdeG was a Canadian businessman and a decorated pilot and Wing Commander in World War II.
mbanx was a Canadian virtual bank that operated as a division of Bank of Montreal starting in October 1996. "mbanx" was erroneously thought by some to be a new brand name for the entire bank, as BMO focused virtually all its marketing efforts on the new unit during its first few months.
RBC Dominion Securities is the brand used by Royal Bank of Canada for full service brokerage services, primarily in Canada, and forms part of RBC's Wealth Management division.
The Financial District is the central business district of Downtown Toronto, Ontario, Canada. It was originally planned as New Town in 1796 as an extension of the Town of York. It is the main financial district in Toronto and is considered the heart of Canada's finance industry. It is bounded roughly by Queen Street West to the north, Yonge Street to the east, Front Street to the south, and University Avenue to the west, though many office towers in the downtown core have been and are being constructed outside this area, which will extend the general boundaries. Examples of this trend are the Telus Harbour, RBC Centre, and CIBC Square.
BMO Capital Markets is the investment banking subsidiary of Canadian Bank of Montreal. The company offers corporate, institutional and government clients access to a range of financial services. These include equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading.
L. Jacques Ménard, was President Emeritus of BMO Financial Group, Quebec. Prior to this appointment, Mr. Ménard held the position of President Quebec, BMO Financial Group and oversaw the activities of Bank of Montreal and its subsidiaries in Quebec. He also acted as the Chairman of BMO Nesbitt Burns. was the chancellor of Concordia University from 2011 to 2014.
BMO SmartFolio is a digital investment management service offered by Canada’s Bank of Montreal. Broadly referred to as a robo-advisor, the service allows investors to answer a series of questions online about their investment goals, time horizon and risk tolerance, then are recommended a model portfolio made up of index-tracking exchange-traded funds based on the investor’s profile, managed by financial professionals with BMO Global Asset Management and BMO Nesbitt Burns.
1 James Street North is a 5-storey low-rise office building in Hamilton, Ontario, Canada. The building was completed in 1972, and is part of the Lloyd D. Jackson Square complex. The building was originally named the Bank of Montreal Pavilion, after the Bank of Montreal, the building's original anchor tenant.
R. Jeffrey Orr is a Canadian businessman and is the President and Chief Executive of Power Corporation of Canada. He has worked for two decades as an executive.
