tiprankstipranks
Bank of Montreal gets regulatory approval to acquire Bank of the West
The Fly

Bank of Montreal gets regulatory approval to acquire Bank of the West

BMO Financial Group (BMO) and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. "announced it has received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas (BNPQY). BMO anticipates the acquisition will close on February 1, 2023, subject to the satisfaction of customary closing conditions. Upon closing, BMO will welcome the nearly 1.8 million commercial, retail, wealth management and business banking customers and provide increased convenience with access to over 1,000 U.S. branches in 32 states and nationwide fee-free access to over 42,000 ATMs. BMO also looks forward to over 9,300 Bank of the West employees joining the BMO family."

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on BMO:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles