KKR announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank, part of BMO Financial Group (“BMO”). Concurrently with the sale, BMO...
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December 19, 2023, 07:15 AM
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BMO Financial Group announced the upcoming retirement of its Chief Executive Officer & Group Head, Capital Markets, Dan Barclay, and the appointment of Alan Tannenbaum into the role. After a 32-year investment banking career, Barclay will transition...
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October 11, 2023, 07:15 AM
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BMO announced the appointment of Darrel Hackett as U.S. Chief Executive Officer of BMO Financial Group, President & CEO of BMO Harris Bank N.A., and CEO of BMO's U.S. holding company, BMO Financial Corp. (BFC). Hackett will report to Chief Executive...
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April 21, 2023, 07:22 AM
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BMO Financial Group (BMO) and BNP Paribas announced a long-term commercial agreement and new cross-border framework to enhance coverage and access to a global network for their commercial banking clients. They will also enter into a comprehensive...
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February 22, 2023, 07:23 AM
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BMO Financial Group announced the appointment of Nadim Hirji as Group Head, BMO Commercial Banking. Hirji will report to Chief Executive Officer Darryl White and join the bank's Executive Committee. His appointment is effective March 1."Across North...
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February 16, 2023, 07:20 AM
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BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced it has completed the acquisition of Bank of the West from BNP Paribas.BMO's acquisition of Bank of the West brings nearly 1.8 million...
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February 02, 2023, 07:22 AM
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BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank (together, "BMO"), received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas. BMO anticipates the acquisition will...
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January 19, 2023, 07:15 AM
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BMO announced a Community Benefits Plan (CBP) that outlines a more than $40 billion commitment to local communities in the United States, with over $16 billion of the plan commitment targeted for the State of California. This plan outlines...
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November 30, 2022, 07:18 AM
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BMO Financial Group announced a commercial banking office in Grand Rapids, MI, led by BMO's Michigan Managing Director James Hess. Located at 250 Monroe Ave., it is comprised of five commercial bankers focused on diversified industries, equipment...
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May 26, 2022, 07:20 AM
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BMO Financial Group announced that Jon Biorkman has been named the new U.S. Managing Director and Head, BMO Equipment Finance. Biorkman, who is based in Milwaukee, WI, and serves on the Board of Directors for the Equipment Leasing and Finance...
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May 10, 2022, 07:25 AM
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BMO Financial Group has expanded its commercial banking operations in Florida, announcing new leaders in South Florida, West Florida and Central/North Florida regions. The Florida commercial banking team will continue to be overseen by Marty McAndrew...
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January 10, 2022, 07:20 AM
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BMO Financial Group, and its indirect wholly owned Chicago-based subsidiary BMO Harris Bank N.A. announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries, with assets as of Sept. 30, 2021, of...
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December 20, 2021, 07:20 AM
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BMO Financial Group announced the appointment of Kimberley Goode as Chief Communications & Social Impact Officer. She will join the bank in August and report to Cameron Fowler, Chief Strategy & Operations Officer.Goode will lead a new team combining...
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June 24, 2021, 07:08 AM
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BMO Financial Group announced a series of executive appointments to continue to build on its strategic advantages.Tom Flynn will move from his role as Chief Financial Officer to become a Vice Chair. In his new role, he will support the growth...
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November 10, 2020, 07:24 AM
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NXT Capital announced that its Equipment Finance Group has closed a senior secured credit facility with BMO Financial Group and Key Equipment Finance. The five year facility will support the group’s growing presence in middle market equipment finance...
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September 19, 2013, 07:01 AM
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