Bank of Montreal in Canada happens to be the oldest bank of Canada which was founded on 3rd November in the year 1817 in Montreal in Quebec in Canada. The founders of the bank include Ezeekil Hart, Robert Armour, George Moffatt, James Leslie, Augustin Cuvillier, Horatio Gater, John Gray and George Davies. In recent times the bank operates under the Brand BMO Financial Group. For this reason the banking operations of Bank of Montreal in Canada is marketed as BMO Bank of Montreal. The current head quarters of the company is situated in Montreal, Quebec in Canada as well as in Toronto, Ontario in Canada too.
Bank of Montreal is nowadays a major name in the banking industry of Canada. The bank offers some major financial services in Canada as well as in abroad. At present the Bank of Montreal has established itself as an important International bank that has more than 1100 branches in different places in Canada as well as around the words. The operational had office of the company has moved to Toronto in the year 1977 while Montreal continues to be the headquarters of the company that manages all the legal operations.
In its 190 years old history the Bank of Montreal merged with a number of banks and also acquired a few. The bank include Commercial Bank of Canada, Exchange Bank of Yarmouth, People's Bank of Halifax, molson bank, People's Bank of New Burnswick, Bank of British North America and Merchants bank of Canada.
The Bank of Montreal is divided into three client groups for serving different markets like personal and commercial client group that offers retail banking, Investment banking groups and private client groups that relates to the wealth management.
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