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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 .
In the United States, BMO does business as BMO Financial Group, where it has substantial operations in the Chicago area and elsewhere in the country, where it operates BMO Bank, N.A.. BMO Capital Markets is BMO's investment and corporate banking division, while the wealth management division is branded as BMO Nesbitt Burns.
In 1994, the firm was merged with Burns Fry Ltd. to create the Nesbitt Burns Inc. entity now operating as BMO Capital Markets and BMO Nesbitt Burns, both wholly-owned subsidiaries of the Bank of Montreal Financial Group. [citation needed]
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He eventually became vice-chairman of BMO Nesbitt Burns before retiring in October 2004. Johnson is a member of the advisory board of BMO Capital Markets. He has also served on the board of directors of a number of public companies, including goeasy Ltd., where he was chairman from 2000 to 2018 and has been chairman emeritus since January 2019. [4]
From 2001 to 2006, he was deputy chair of BMO Financial Group, and CEO of BMO Capital Markets. In February 2006, Downe was named chief operating officer and was chosen to replace Tony Comper as president and chief executive officer of BMO effective March 1, 2007, the day of BMO's annual general meeting. [3] [4] [5] [6]
BMO Bank, N.A. (colloquially BMO; US: / b iː m oʊ /) is a U.S. national bank headquartered in Chicago, Illinois.It is a 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).
Burns Fry was merged into BMO Capital Markets in 1994. In 2006, Sherry was appointed to the position as Chief Economist of BMO Financial Group, which includes BMO Harris Bank in the United States. On December 10, 2012, it was announced that Sherry Cooper would be retiring on January 30 as BMO Chief Economist.