BMO Capital Markets

BMO Capital Markets
Subsidiary of
Bank of Montreal
Industry Investment Banking
Financial Services
Predecessor Nesbitt, Thomson & Co.
Burns Fry
Founded 1987 (acquisition of Nesbitt Thomson)
Headquarters First Canadian Place
Toronto, Ontario, Canada
Products Wholesale Banking
Mergers and acquisitions
Market making
Commodity products
Foreign exchange
Prime brokerage
Private equity
Securitization
Trade finance
Revenue Increase $3.724 billion CAD (2014)[1]
Parent Bank of Montreal
Website www.bmocm.com

BMO Capital Markets is the investment banking subsidiary of Canadian Bank of Montreal. The company offers corporate, institutional and government clients access to a range of financial services. These include equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading.

History

1912 – Nesbitt Thomson

A.J. Nesbitt of Montreal and P.A. Thomson of Hamilton, Ontario establish Nesbitt Thomson, a firm that becomes a household name in Canada for its role in some of the world’s largest mining, resources, and hydroelectric power projects.

After World War II, Nesbitt Thomson expands its operations to include such diverse industry sectors as chemicals, salt, steel, ships, farm machinery, retail stores, and a transcontinental natural gas pipeline.

1976 – Burns Fry

Burns Fry is created from the merger of Burns Bros. and Denton, known for equity trading and underwriting capabilities, and Fry Mills Spence, known for strong debt trading and underwriting. These Toronto firms had been highly successful in the securities business since 1932 and 1925 respectively. The merger brings together a large capital base and a strong branch-office system.

1987 – Nesbitt Thomson acquired

Bank of Montreal acquires Nesbitt Thomson in the first of many broker/bank mergers in the Canadian financial services sector.

1994 – Nesbitt Burns formed

Nesbitt Thomson and Burns Fry merge to form Nesbitt Burns, which becomes one of the leading investment firms in the marketplace.

1999 – Harris Nesbitt

The merger of the corporate banking arm of Harris Bank, BMO Financial Group’s Chicago-based subsidiary, and the U.S. investment banking capabilities of Nesbitt Burns, creates Harris Nesbitt. The new firm focuses on the middle market of the U.S. Midwest.

2000 – BMO Nesbitt Burns

The “BMO” brand is added to the Nesbitt Burns name in order to link the firm’s corporate identity with BMO Financial Group.

2003 – Gerard Klauer Mattison

BMO Financial Group acquires Gerard Klauer Mattison (GKM), providing Harris Nesbitt with a U.S.-based equity research and institutional sales and trading platform. GKM was founded in 1989 in New York as a boutique equity research and investment banking firm serving the institutional marketplace.

2006 – BMO Capital Markets name adopted

BMO Capital Markets was launched in June 2006 when BMO Financial Group’s Canadian, U.S. and international wholesale banking capabilities were merged.[2]

Offices

Offices in Americas

United States Atlanta
United States Boston
Canada Calgary
United States Chicago
United States Denver
United States Fort Lauderdale
United States Houston
Mexico Mexico City
United States Milwaukee

Canada Montreal
United States New York
Brazil Rio de Janeiro
United States San Francisco
United States Seattle
Canada Toronto
Canada Vancouver
United States Washington D.C.

Offices in Asia-Pacific

China Beijing
China Guangzhou
Hong Kong Hong Kong
China Shanghai

Taiwan Taipei
Singapore Singapore
India Delhi
Australia Melbourne

Offices in EMEA

United Arab Emirates Abu Dhabi
Republic of Ireland Dublin
United Kingdom London

France Paris
Switzerland Zurich

References

External links

This article is issued from Wikipedia - version of the Saturday, April 09, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.