3/11/2024 0 Comments BMO Snaps![]() ![]() ![]() The firm describes the acquisition as the “natural next step in BMO’s North American growth strategy” and will see BMO expand its presence into new markets across the Midwest and Western United States.īMO is currently the eighth largest bank in North America by assets, boasting $988 billion in assets under management (AUM).ĭarryl White, CEO of BMO Financial Group, says: “This acquisition will add meaningful scale, expansion in attractive markets, and capabilities that will enable us to drive greater growth, returns, and efficiencies.”īased in San Francisco, Bank of the West currently has more than 500 branches and offices in 24 US states. Bank of the West claims around 1.8 million customers
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