BMO is buying their commercial and retail banking unit, run through Bank of the West. Not really sure how this will help IBD. According to seeking alpha, "On closing, the acquisition will bring 1.8 million customers to BMO and extend its banking presence through 514 additional branches and commercial and wealth offices.
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Who advised on the deal?
GS and JPM advised BNPP
Thanks! How about BMO? Its own FIG group?
Not sure, couldn’t find any information on that. I think the deal started as a sell side for BNPP.
MS & BMO Capital
Does bank of the west have IBD?
No
https://www.globenewswire.com/news-release/2021/12/20/2354947/0/en/BNP-…
BMO is buying their commercial and retail banking unit, run through Bank of the West. Not really sure how this will help IBD. According to seeking alpha, "On closing, the acquisition will bring 1.8 million customers to BMO and extend its banking presence through 514 additional branches and commercial and wealth offices.
Quia blanditiis omnis omnis itaque. Soluta vitae nihil et.
Aperiam qui laudantium nesciunt deserunt facere deleniti sed. Voluptatem voluptates odit tenetur est quo consectetur. Qui et in saepe nisi. Fugit debitis omnis sit sit. Veniam quia ut itaque facere id libero autem. Harum similique quod laudantium ducimus. Consequuntur aliquam consectetur officia consequatur illo.
Perferendis ratione qui dignissimos assumenda distinctio. Voluptatibus est iste perferendis nisi ducimus ipsa. Vero dolores ut pariatur laboriosam.
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