Bank of Montreal
Banque de Montréal

Type:	Public company
Founded:	Montreal, Quebec, Canada, November 3, 1817
Headquarters:	Toronto, Ontario, Canada
Key people:	Tony Comper, CEO; David A. Galloway
Industry:	Bank
Products:	Financial services
Revenue:	9,612 million CAD (2004)
Employees:	34,000
Website:	http://www.bmo.com

Bank of Montreal TSX: BMO NYSE: BMO is Canada's fourth largest bank^[1], and is classified as a Domestic Chartered Bank (Schedule I). It also has substantial operations in the Chicago area and elsewhere in the United States, where it uses the Harris name. Bank of Montreal was founded in 1817, making it Canada's oldest bank. It operates under the corporate brand BMO Financial Group; its banking operations in Canada are now marketed as BMO Bank of Montreal. Bank of Montreal logo. ... A public company is a company owned by the public rather than by a relatively few individuals. ... City motto: Concordia Salus (Latin: Well-being through harmony) Province Quebec Mayor Gérald Tremblay Area  - % water 500. ... November 3 is the 307th day of the year (308th in leap years) in the Gregorian Calendar, with 58 days remaining. ... 1817 was a common year starting on Wednesday (see link for calendar). ... ... F. Anthony Comper (born 1945), known as Tony Comper, is a Canadian banker. ... The First Provincial Bank of Taiwan in Taipei, Republic of China was formerly the central bank of Taiwan Province and issued the New Taiwan dollar. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Image File history File links Green_Arrow_Up. ... ISO 4217 Code CAD User(s) Canada Inflation rate 2. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Image File history File links Green_Arrow_Up. ... Website - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... TSX logo The Toronto Stock Exchange (TSX) is Canadas largest stock exchange, North Americas third largest stock exchange, and the sixth largest in the world. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is the largest stock exchange in the world in dollar volume and second largest by number of companies listed. ... In Canada, the term Big Five Banks is frequently used to refer to the five biggest banks that dominate the banking industry in Canada: Royal Bank of Canada, CIBC, Toronto-Dominion Bank, Bank of Montreal and Bank of Nova Scotia. ... The First Provincial Bank of Taiwan in Taipei, Republic of China was formerly the central bank of Taiwan Province and issued the New Taiwan dollar. ... // Government Bank of Canada (Central Bank) Business Development Bank of Canada “Big six” banks Royal Bank of Canada Toronto-Dominion Bank Canadian Imperial Bank of Commerce Bank of Montreal Bank of Nova Scotia National Bank of Canada Many of these banks have diversified into financial services that used to be... Harris Bank was founded by Norman Wait Harris. ... 1817 was a common year starting on Wednesday (see link for calendar). ...

BMO has recently purchased the naming rights to the National Soccer Stadium at Exhibition Place, the future home of Toronto FC and the Toronto Lynx beginning in the 2007 season. National Soccer Stadium at Exhibition Place is a soccer-specific stadium under-construction located in Exhibition Place in the city of Toronto. ... Year Founded 2006 League Major League Soccer Stadium National Soccer Stadium at Exhibition Place Coach TBD First Game TBD Largest Win TBD Worst Defeat TBD MLS Cup none Supporters Shield none Toronto FC is the name for a new Major League Soccer franchise in Toronto. ... The Toronto Lynx is a soccer team that plays in the North American USL First Division, which is the second division for the United States and top division for Canada. ...

History

First Canadian Place

Bank of Montreal is Canada's oldest chartered bank. It has been referred to as BMO (from its stock symbol) or Canada's First Bank. Image File history File links Download high resolution version (672x1023, 131 KB)Taken by SimonP in April 2005 File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File links Download high resolution version (672x1023, 131 KB)Taken by SimonP in April 2005 File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...

The Bank opened in Montreal, Quebec on November 3, 1817. For the first few years of its existence, the Bank occupied a small building on Saint Paul Street. John Gray, a retired dry goods merchant, was the bank's first president and Robert Griffin worked as the first cashier. City motto: Concordia Salus (Latin: Well-being through harmony) Province Quebec Mayor Gérald Tremblay Area  - % water 366. ... Motto: Je me souviens (French: I remember) Official languages French Flower White garden lily Capital Quebec City Largest city Montreal Lieutenant-Governor Lise Thibault Premier Jean Charest (PLQ) Parliamentary representation  - House seat  - Senate seats 75 24 Area Total  - Land  - Water    (% of total)  Ranked 2nd 1,542,056 km² 1,183... November 3 is the 307th day of the year (308th in leap years) in the Gregorian Calendar, with 58 days remaining. ... 1817 was a common year starting on Wednesday (see link for calendar). ...

Bank of Montreal served as Canada's central bank until the creation of the Bank of Canada in 1935. It played a major role in the development of the country, taking part in the financing of the first transcontinental railway in the 1880s. The first Canadian bank to open a branch abroad, Bank of Montreal is today a major international bank with 1,100 branches across Canada and around the world. In 1977, the BMO's operational headquarters moved to Toronto, while its legal head office remained in Montreal. The Bank of Canada Building in Ottawa The Bank of Canada is Canadas central bank. ... 1935 (MCMXXXV) was a common year starting on Tuesday (link will take you to calendar). ... A transcontinental railroad is a railway across a significant portion of a continent. ... // Events and Trends Technology Development and commercial production of electric lighting Development and commercial production of gasoline-powered automobile by Karl Benz, Gottlieb Daimler and Maybach First commercial production and sales of phonographs and phonograph recordings. ... For the album by Ash, see 1977 (album). ...

Mergers

During its history, Bank of Montreal has merged with or acquired several other Canadian banks:

• Commercial Bank of Canada (1868)
• Exchange Bank of Yarmouth (1903)
• People's Bank of Halifax (1905)
• People's Bank of New Brunswick (1907)
• Bank of British North America (1918)
• Merchants Bank of Canada (1922)
• Molson Bank (1925)

as well as several investment banking firms. Yarmouth is a town and major fishing and ferry port located on the Gulf of Maine in southwestern Nova Scotia, Canada. ... Halifax Regional Municipality (HRM) is a regional municipality in Nova Scotia, Canada. ... Motto: Spem reduxit (Hope restored) Official languages English, French Flower Violet Capital Fredericton Largest city Saint John Lieutenant-Governor Herménégilde Chiasson Premier Bernard Lord (PC) Parliamentary representation  - House seat  - Senate seats 10 10 Area Total  - Land  - Water    (% of total)  Ranked 11th 72 908 km² 71 450 km² 1... Bank of British North America was founded in 1835 in London, England with offices in Toronto, Montreal, Quebec City, Saint John, Halifax and St. ... This BMO branch in Waterloo, Ontario retains the Molsons Bank name on the plinth. ...

Past Chairmen

(partial list)

• John Gray (1817 to 1820)
• Richard Bladworth Angus (1910 to 1913)
• H. Vincent Meredith
• William D. Mulholland (1974 to 1987)
• Matthew W. Barrett (1987 to 1990)
• F. Anthony Comper (1990 to date)

Richard B. Angus, circa 1891 Richard Bladworth Angus (28 May 1831 – 17 September 1922) was a Scottish – born Canadian financier, banker and philanthropist. ... <drini ☎> 15:50, 9 August 2005 (UTC) Categories: Possible copyright violations ...

Operations

Bank of Montreal at Square One shopping mall

BMO is divided into three "client groups" which serve different markets. Each of the client groups operates under multiple brand names. Image File history File links Bmo@squareone. ... Image File history File links Bmo@squareone. ... Square One, also known as Square One Television, was a childrens television show produced by the Childrens Television Workshop to teach mathematics and abstract mathematical concepts to young viewers. ...

• Personal and Commercial Client Group (retail banking), including
  • BMO Bank of Montreal (retail banking in Canada), including BMO's Mosaik MasterCard credit cards; BMO Life, a life insurance company; and the former virtual bank division mbanx
  • Harris Bank (retail banking in the United States, headquartered in Chicago)
• Investment Banking Group (known as BMO Capital Markets)
• Private Client Group (wealth management), including
  • BMO Nesbitt Burns (full service investing in Canada)
  • BMO InvestorLine (self-service investing in Canada)
  • Harris Investor Services (advisory services in the United States)
  • Harris Private Bank

The bank's stock is listed on both the Toronto and New York stock exchanges under the symbol BMO . To meet Wikipedias quality standards, this article or section may require cleanup. ... Harris Bank was founded by Norman Wait Harris. ... BMO Nesbitt Burns is a Canadian stock brokerage and wealth management corporation frequently referred to as an Investment bank. ... TSX logo The Toronto Stock Exchange (TSX) is Canadas largest stock exchange, North Americas third largest stock exchange, and the sixth largest in the world. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is the largest stock exchange in the world in dollar volume and second largest by number of companies listed. ...

Corporate governance

Current members of the board of directors of BMO are: Robert Astley, Stephen Bachand, David Beatty, Robert Chevrier, F. Anthony Comper, Ronald Farmer, David A. Galloway, Harold Kvisle, Eva L. Kwok, Bruce Mitchell, Philip Orsino, Robert Prichard, Jeremy Reitman, Guylaine Saucier, and Nancy Southern. To meet Wikipedias quality standards, this article or section may require cleanup. ... This article is being considered for deletion in accordance with Wikipedias deletion policy. ... Bruce Mitchell (born January 8, 1909, Johannesburg, Transvaal, died July 1, 1995, Abbotsford, South Africa) was a South African cricketer who played in 42 Tests from 1929 to 1949. ... Professor Robert S. Prichard is a lawyer, economist, and academic. ...

Headquarters

Bank of Montreal's main Montreal branch at Place d'Armes in Montreal.

The BMO still has its legal head office in Montreal, located on Saint-Jacques Street. However, the Chairman and President and all senior department executives work out of Toronto headquarters at First Canadian Place. Under the direction of the Toronto executive, the Montreal Place d'Armes office oversees the bank's economic (and, to some extent, political) relation with the province of Quebec. This reflects the preponderant place of the Toronto Stock Exchange and Bay Street in the Canadian economy and probably, although it is not acknowledged, concerns about separatism in Quebec^{[citation needed]}. City motto: Concordia Salus (Latin: Well-being through harmony) Province Quebec Mayor Gérald Tremblay Area  - % water 366. ... The Bank of Montreals first headquarters in Montreal, Quebec was the Pantheon-like building built by John Wells (architect) in 1847. ... Saint-Jacques Street (French: rue Saint-Jacques) in a major street in Montreal. ... First Canadian Place First Canadian Place is Canadas tallest skyscraper and the eleventh tallest building in North America with a height of 298 metres, or 978 feet (355 metres with antenna included). ... TSX logo The Toronto Stock Exchange (TSX) is Canadas largest stock exchange, North Americas third largest stock exchange, and the sixth largest in the world. ... Bay Street is a street in downtown Toronto, Ontario Canada. ... Separatism is a term usually applied to describe the attitudes or motivations of those seeking independence or separation of their land or region from the country that governs them. ... Motto: Je me souviens (French: I remember) Official languages French Flower White garden lily Capital Quebec City Largest city Montreal Lieutenant-Governor Lise Thibault Premier Jean Charest (PLQ) Parliamentary representation  - House seat  - Senate seats 75 24 Area Total  - Land  - Water    (% of total)  Ranked 2nd 1,542,056 km² 1,183...

Recent mergers and merger attempts

Purchase of Harris Bankcorp (1984)

In 1984 the bank greatly expanded its operations in the United States by purchasing Chicago's Harris Bank. 1984 (MCMLXXXIV) was a leap year starting on Sunday of the Gregorian calendar. ... Chicago (officially named the City of Chicago) is the third largest city in the United States (after New York City and Los Angeles), with an official population of 2,896,016, as of the 2000 census. ... Harris Bank was founded by Norman Wait Harris. ...

Proposed merger with RBC (1998)

In 1998 Bank of Montreal shocked the Canadian financial community by announcing plans to merge with the Royal Bank of Canada. The Canadian government later blocked the proposed merger. In Decemeber 2000, the banks were successful in merging their credit and debit card processing services to form Moneris Solutions. See also: 1997 in Canada, 1999 in Canada and the list of years in Canada. Incumbents Head of State - Her Majesty Queen Elizabeth II Governor General - Roméo LeBlanc Prime Minister - Jean Chrétien Premier of Alberta - Ralph Klein Premier of British Columbia - Glen Clark Premier of Manitoba - Gary Filmon... The Royal Bank of Canada (TSX: RY, NYSE: RY) is Canadas largest chartered bank. ... This article is about the year 2000. ...

Membership

Wikimedia Commons has media related to:

Bank of Montreal

BMO is a member of the Canadian Bankers Association (CBA) and registered member with the Canada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada's chartered banks. It is also a member of: Image File history File links Commons-logo. ... Wikimedia Commons logo by Reid Beels The Wikimedia Commons (also called Commons or Wikicommons) is a repository of free content images, sound and other multimedia files. ... The Canadian Bankers Association is an organization representing Canadas chartered banks and provides services to improve the wellbeing of its membership (banking lobby, policy development, research and support) and to consumers of banking services. ... Canadian Deposit Insurance Corporation or CDIC is a federal agency that provides insurance (up to a $60,000 CAD per personal and on Canadian accounts only) on financial services provided by chartered Canadian banks and financial institutions. ...

• Interac
• MasterCard International
• Cirrus Network for MasterCard card users
• Air miles

Interac Logo Interac Association is a Canadian organization linking enterprises that have proprietary networks so that they may communicate with each other for the purpose of exchanging electronic financial transactions. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Cirrus Network allows MasterCard users or bank cards with access to MasterCards to be able access Automated Teller Machines (ATM) or Automated Banking Machines (ABM) with their cards. ... The Air Miles Reward Program is a frequent shopper program where points are gained on currency spent at participating merchants. ...

References

1. ^ Canadian Business. Bank of Montreal's Q3 Profit Rises 30% to $710M; Eyes More Chinese Expansion. 22 Aug. 2006. . <http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b082287A>.

External links

• BMO Bank of Montreal's web site
• BMO Annual Report. 2005

Commercial banks in Canada
ATB Financial | Bank of Montreal | BDC | CIBC | CTFS | Canadian Western Bank | Citibank Canada | Citizens Bank of Canada | First Nations | HSBC Bank Canada | Laurentian Bank | Manulife | National Bank | President's Choice Financial | RBC | Scotiabank | TD Canada Trust