Bank of Montreal
Type	Public company
Founded	Montreal, Quebec, Canada, November 3, 1817
Headquarters	Montreal, Quebec, Canada and Toronto, Ontario, Canada
Key people	Bill Downe (CEO) David A. Galloway (Chairman of the Board)
Industry	Bank
Products	Financial services
Revenue	14,63 billion CAD (2004)
Employees	34,000
Website	http://www.bmo.com

Bank of Montreal/Banque de Montréal (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 being marketed as BMO Bank of Montreal. The British Mathematical Olympiad forms part of the selection process for the UK International Mathematics Olympiad team. ... This article does not cite any references or sources. ... Nickname: Motto: Concordia Salus (well-being through harmony) Coordinates: , Country Province Region Montréal Founded 1642 Established 1832 Government  - Mayor Gérald Tremblay Area [1][2][3]  - City 365. ... This article is about the Canadian province. ... is the 307th day of the year (308th in leap years) in the Gregorian calendar. ... 1817 was a common year starting on Wednesday (see link for calendar). ... Nickname: Motto: Concordia Salus (well-being through harmony) Coordinates: , Country Province Region Montréal Founded 1642 Established 1832 Government  - Mayor Gérald Tremblay Area [1][2][3]  - City 365. ... This article is about the Canadian province. ... Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Capital Toronto Largest city Toronto Official languages English (de facto) Government - Lieutenant-Governor David C. Onley - Premier Dalton McGuinty (Liberal) Federal representation in Canadian Parliament - House seats 106 - Senate seats 24 Confederation July 1, 1867 (1st) Area... William A. Downe (born 1952 or 1951) is a Canadian bank executive. ... David A. Galloway (born 1943) is chairman of the board of Bank of Montreal, which is also known as BMO Financial Group. ... For other uses, see Bank (disambiguation). ... Look up revenue in Wiktionary, the free dictionary. ... Image File history File links No higher resolution available. ... “C$” redirects here. ... This article is about work. ... Image File history File links No higher resolution available. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... “TSX” redirects here. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... 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. ... For other uses, see Bank (disambiguation). ... // 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. ...

History

First Canadian Place

BMO today is a major international bank with 1,100 branches across Canada and around the world. In 1977, BMO's operational headquarters moved to Toronto, while its legal head office remained in Montreal. 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. ... First Canadian Place is a skyscraper in Toronto, Ontario, Canada. ...

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), as well as several investment banking firms.
• Molsons Bank(1925)

The current version of this article or section is written in an informal style and with a personally invested tone. ... The City of Halifax (1841-1996) was the capital of the province of Nova Scotia, and the largest city in Atlantic Canada. ... This article is about the Canadian province. ... 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. ...

Founders

The following nine people signed the Articles of Association for the creation of the "Montreal Bank" on June 23, 1817:^[2]

1. Robert Armour (1781-1857) businessman, militia officer, and office holder
2. John C. Bush (? - 1859)
3. Austin Cuvillier (1779 - 1849)
4. George Garden (c.1772-1828), director from 1817 to 1826 and vice-president from 1818 to 1822.
5. Horatio Gates (1777-1834), merchant and banker, President of BMO 1832-1834
6. James Leslie (1786–1873); bank director
7. George Moffatt (1787-1865); bank director
8. John Richardson (c. 1754 - 1831)
9. Thomas A.Turner (1775 ? - 1834)

Austin Cuvillier (August 20, 1779-July 11, 1849) was a businessman and political figure in Lower Canada and Canada East. ... James Leslie (September 4, 1786 – December 6, 1873) was a Canadian businessman and political figure. ... For other persons named George Moffatt, see George Moffatt (disambiguation). ...

Past Presidents

(partial list)

• John Gray (1817 to 1820); co-founder and first President
• Horatio Gates 1832-1834; co-founder and President
• Richard B. Angus (1910 to 1913)
• Sir Vincent Meredith (1913 to 1927)
• William D. Mulholland (1974 to 1987)
• Matthew W. Barrett (1987 to 1990)
• F. Anthony Comper (1990 to 2007)
• Bill Downe (from March 1, 2007)

John Gray Canadian banker, JP and militia officer was the founder and first president of the Bank of Montreal Categories: | ... Richard B. Angus, circa 1891 Richard Bladworth Angus (28 May 1831 &#8211; 17 September 1922) was a Scottish &#8211; born Canadian financier, banker and philanthropist. ... <drini ☎> 15:50, 9 August 2005 (UTC) Categories: Possible copyright violations ... F. Anthony Comper (born 1945), known as Tony Comper, is a Canadian banker. ... William A. Downe (born 1952 or 1951) is a Canadian bank executive. ... is the 60th day of the year (61st in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...

Operations

Bank of Montreal branch at Square One Shopping Centre.

Bank of Montreal branch at rue Peel and boulevard de Maisonneuve in Montreal.

A Typical BMO Branch Office

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 Shopping Centre is a shopping mall located in Mississauga, Ontario, Canada. ... Image File history File links Size of this preview: 704 × 599 pixelsFull resolution (806 × 686 pixels, file size: 65 KB, MIME type: image/jpeg) Une succursale de la Banque de Montréal à langle des rues Peel et de Maisonneuve File historyClick on a date/time to view the file... Image File history File links Size of this preview: 704 × 599 pixelsFull resolution (806 × 686 pixels, file size: 65 KB, MIME type: image/jpeg) Une succursale de la Banque de Montréal à langle des rues Peel et de Maisonneuve File historyClick on a date/time to view the file... Nickname: Motto: Concordia Salus (well-being through harmony) Coordinates: , Country Province Region Montréal Founded 1642 Established 1832 Government  - Mayor Gérald Tremblay Area [1][2][3]  - City 365. ... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (2592 × 1944 pixels, file size: 1. ... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (2592 × 1944 pixels, file size: 1. ...

• 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)
  • BMO Harris Private Banking

In 2007, Bank of Montreal was named one of Canada's Top 100 Employers, as published in Maclean's magazine, the only 'Schedule A' bank to receive this honour.^[3] MasterCard Worldwide (NYSE: MA) is a multinational corporation based in Purchase, NY in the United States. ... A virtual bank is a bank with a very small or inexistent branch system. ... mbanx (ads used the logotype form mbanx), later BMO mbanx Direct, is a Canadian virtual bank that has operated as a division of Bank of Montreal since October 1996. ... 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. ... Canadas Top 100 Employers is an annual competition that recognizes the best places in Canada to work. ... A cover of the Canadian magazine Macleans. ...

Corporate governance

Current members of the board of directors of BMO are: Robert Astley, Stephen Bachand, David Beatty, Robert Chevrier, Bill Downe, Ronald Farmer, David A. Galloway, Harold Kvisle, Eva L. Kwok, Bruce Mitchell, Philip Orsino, Robert Prichard, Jeremy Reitman, Guylaine Saucier, and Nancy Southern. Chairman of the Board redirects here. ... William A. Downe (born 1952 or 1951) is a Canadian bank executive. ... David A. Galloway (born 1943) is chairman of the board of Bank of Montreal, which is also known as BMO Financial Group. ... 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. ... Philip S. Orsino (born 1954) is a Canadian businessman. ... Professor Robert S. Prichard is a lawyer, economist, and academic. ...

Headquarters

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. 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 is a skyscraper in Toronto, Ontario, Canada. ... “TSX” redirects here. ... Torontos Bay Street in the heart of the financial district. ...

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

Image File history File linksMetadata Download high-resolution version (2272x1704, 814 KB) Die Bank of Montreal in Montreal, Quebec, Kanada. ... Image File history File linksMetadata Download high-resolution version (2272x1704, 814 KB) Die Bank of Montreal in Montreal, Quebec, Kanada. ... Place-dArmes is a station on the Orange Line of the Montreal Metro in Montreal, Quebec, Canada. ... Nickname: Motto: Concordia Salus (well-being through harmony) Coordinates: , Country Province Region Montréal Founded 1642 Established 1832 Government  - Mayor Gérald Tremblay Area [1][2][3]  - City 365. ...

Sport events sponsorship

BMO Bank of Montreal is the current title sponsor for the marathon race for the Vancouver International Marathon Society held each year in May. The current name is "BMO Bank of Montreal Vancouver Marathon". For other senses of this word, see Marathon (disambiguation). ... The Vancouver Marathon is an annual race held in Vancouver, Canada every May. ...

Bank of Montreal is also a major sponsor of Skate Canada, and is the title sponsor of the BMO Financial Group Canadian Championships, BMO Financial Group Skate Canada Junior Nationals, BMO Financial Group Skate Canada Challenges, BMO Financial Group Skate Canada Sectionals, and BMO Financial Group Skate Canada Synchronized Championships. It is also the presenting sponsor of the CanSkate Learn-to-Skate Program.[1] Skate Canada is the national governing body for figure skating in Canada, recognized by the International Skating Union and the Canadian Olympic Committee. ... The Canadian Championships is an annual figure skating competition held by Skate Canada, the nations figure skating governing body. ...

BMO purchased the naming rights to the national soccer stadium (BMO Field) at Exhibition Place in Toronto, the home of the Major League Soccer team Toronto FC, which BMO is also sponsoring. BMO's logo is on the front of their jersey. BMO Field is a soccer-specific stadium under-construction located in Exhibition Place in the city of Toronto. ... Looking East from the CNE Ferris Wheel (National Trade Centre at left, Automotive Building at right). ... Major League Soccer (MLS) is a professional soccer league with teams in the United States and Canada. ... Year founded 2006 League Major League Soccer Nickname TFC, Reds, Roys Stadium BMO Field Coach Mo Johnston Owner MLSE First Game C.D. Chivas USA 2-0 Toronto FC (Home Depot Center; April 7, 2007) Largest Win Toronto FC 4-0 FC Dallas (BMO Field; June 17, 2007) Worst Defeat...

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. Nickname: Motto: Urbs in Horto (Latin: City in a Garden), I Will Location in the Chicago metro area and Illinois Coordinates: , Country State Counties Cook, DuPage Settled 1770s Incorporated March 4, 1837 Government  - Mayor Richard M. Daley (D) Area  - City  234. ... 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 RBC. The Canadian government later blocked the proposed merger. In December 2000, the banks were successful in merging their credit and debit card processing services to form Moneris Solutions. See also: 1997 in Canada, other events of 1998, 1999 in Canada and the list of years in Canada. // Canadian Coast Guard Ship Henry Hudson searches for Swissair Flight 111 debris following a crash off of the coast of Peggys Cove, Nova Scotia Monarch - Queen Elizabeth II Governor General... The Royal Bank of Canada (TSX: RY, NYSE: RY) is Canadas largest company. ... Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ... Look up credit card in Wiktionary, the free dictionary. ... Look up debit card in Wiktionary, the free dictionary. ... Moneris Solutions is Canadas largest payment processor/acquirer and the 6th largest in North America. ...

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. ... 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. ... MasterCard Worldwide (NYSE: MA) is a multinational corporation based in Purchase, NY in the United States. ... 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. ... It has been suggested that this article or section be merged with loyalty program. ...

References

1. ^ Canadian Business. Bank of Montreal's Q3 Profit Rises 30% to $710M; Eyes More Chinese Expansion. August 22, 2006.
2. ^ The centenary of the Bank of Montreal, 1817-1917.
3. ^ Reasons for Selection, 2007 Canada's Top 100 Employers.

• Denison, Merrill, 1893-1975. Canada's first bank : a history of the Bank of Montreal. Toronto : McClelland and Stewart, c1966. 2 v. : ill., maps, ports., (some folded, some col). ; 25 cm.
• Nolin-Raynauld, Michelle, 1926-. The Bank of Montreal building on Place d'Armes, 1845-1901 / Michelle Nolin-Raynauld ; foreword by Jean Bélisle ; translated by Judith Berman. Montreal : Varia Press, c1999. 143 p. : facsm., ill., plans ; 23 cm. Originally presented as the author's thesis (master--Université de Montréal), 1984, under the title: L'architecture de la Banque de Montréal à la Place d'Armes. Translation of: L'édifice de la Banque de Montréal à la Place d'Armes, 1845-1901. ISBN 2922245128
• BMO Financial Group Corporate Archives, Montréal

is the 234th day of the year (235th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...

External links

• BMO Bank of Montreal's web site
• BMO Bank of Montreal's Rewards site
• BMO 2006 Annual Report
• BMO stock quote from TSX

Commercial banks in Canada
AMEX Bank of 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