BMO Nesbitt Burns and Harris Nesbitt to be Renamed BMO Capital Markets
New Brand Unifies Investment and Corporate Banking Services In North America and Internationally
TORONTO, June 15, 2006 ?BMO Financial Group announced it is combining the resources and expertise of its investment and corporate banking business under a new name ?BMO Capital Markets ?signifying its commitment to provide a full range of capabilities to clients in North America and other key international markets.
BMO Capital Markets unifies the previous BMO Nesbitt Burns and Harris Nesbitt brands in Canada and the United States, respectively, under one single brand.
揟his name change represents the significant lending power, global trading proficiency and innovative investment banking expertise that have long been associated with BMO Financial Group, and communicates the firm抯 ability to deliver the full suite of wholesale products and services that define a leading universal investment bank,?said Yvan Bourdeau, Chief Executive Officer, BMO Capital Markets.
The new brand encompasses all of the firm抯 wholesale banking capabilities, including equity and debt underwriting, corporate lending and project financing, mergers and acquisitions advisory services, merchant banking, securitization, treasury and risk management, debt and equity research, derivative-based financial products, and institutional sales and trading. With more than 2,000 employees, BMO Capital Markets is located in 26 cities around the world, including 14 locations in North America and 12 in other major international centres.
The BMO Nesbitt Burns name will remain the brand for BMO抯 Private Client Group in Canada and will continue to be used by the firm抯 1,300 plus investment advisors. In addition, the Harris name will remain the brand for BMO抯 U.S. retail and private banking operations.
BMO Capital Markets is a leading North American financial services provider offering investment and corporate banking, advisory services, treasury and market risk management, institutional investing, and research. BMO Capital Markets is a member of BMO Financial Group (TSX, NYSE: BMO), which has $312 billion in assets and 34,000 employees as at April 30, 2006. For more information, visit www.bmocm.com.
TORONTO, June 15, 2006 ?BMO Financial Group announced it is combining the resources and expertise of its investment and corporate banking business under a new name ?BMO Capital Markets ?signifying its commitment to provide a full range of capabilities to clients in North America and other key international markets.
BMO Capital Markets unifies the previous BMO Nesbitt Burns and Harris Nesbitt brands in Canada and the United States, respectively, under one single brand.
揟his name change represents the significant lending power, global trading proficiency and innovative investment banking expertise that have long been associated with BMO Financial Group, and communicates the firm抯 ability to deliver the full suite of wholesale products and services that define a leading universal investment bank,?said Yvan Bourdeau, Chief Executive Officer, BMO Capital Markets.
The new brand encompasses all of the firm抯 wholesale banking capabilities, including equity and debt underwriting, corporate lending and project financing, mergers and acquisitions advisory services, merchant banking, securitization, treasury and risk management, debt and equity research, derivative-based financial products, and institutional sales and trading. With more than 2,000 employees, BMO Capital Markets is located in 26 cities around the world, including 14 locations in North America and 12 in other major international centres.
The BMO Nesbitt Burns name will remain the brand for BMO抯 Private Client Group in Canada and will continue to be used by the firm抯 1,300 plus investment advisors. In addition, the Harris name will remain the brand for BMO抯 U.S. retail and private banking operations.
BMO Capital Markets is a leading North American financial services provider offering investment and corporate banking, advisory services, treasury and market risk management, institutional investing, and research. BMO Capital Markets is a member of BMO Financial Group (TSX, NYSE: BMO), which has $312 billion in assets and 34,000 employees as at April 30, 2006. For more information, visit www.bmocm.com.
Big deal. 
This will not affect any of their operations.
In addition, private client services will still be named Nesbitt Burns.
It is just a marketing scheme.
This will not affect any of their operations.
In addition, private client services will still be named Nesbitt Burns.
It is just a marketing scheme.
Quote:
Originally Posted by controlyar Big deal. This will not affect any of their operations. |
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