Bank of Montreal - Operations

Operations

BMO is divided into three "client groups" which serve different markets. Each of the client groups operates under multiple brand names.

  • Personal and Commercial Client Group (retail banking), including
    • BMO Bank of Montreal (retail banking in Canada), including BMO's Mosaik Mastercard credit cards; BMO Life, a life insurance company; and the former virtual bank division mbanx
    • BMO Harris Bank (retail banking in the United States, headquartered in Chicago)
  • Investment Banking Group (known as BMO Capital Markets)
  • Private Client Group (wealth management), including
    • BMO Nesbitt Burns (full service investing in Canada)
    • BMO InvestorLine (self-service investing in Canada)
    • Harris Investor Services (advisory services in the United States)
    • BMO Harris Private Banking

In October 2008, BMO Financial Group was named one of Greater Toronto's Top Employers by Mediacorp Canada Inc., which was announced by the Toronto Star newspaper.

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