| Bank of Montreal provides retail banking, wealth management, and investment banking products, services, and solutions primarily in North America. The bank operates through three groups: Personal and Commercial Client, Private Client, and Investment Banking. The Personal and Commercial Client Group provides personal and commercial banking solutions, including deposit accounts, loans and credit cards, insurance products, and personal investment products. It also offers various commercial banking products and services, including cash management, commercial and capital markets products, and financial advisory services, as well as credit and debit card transaction processing services. The Private Client Group (PCG) offers wealth management products and services, including investing and wealth advisory services, online brokerage, private banking, and investment products. Its private banking services include integrated banking, trust, and investment management services. PCGÂ’s investment products and services include mutual funds and institutional money management services. The Investment Banking Group offers various services, such as public and private debt and equity underwriting, corporate lending, securitization, cash management, risk management, and trade finance. It also provides financial advisory services in mergers, acquisitions, and restructurings; valuation and fairness opinions; and research, sales, and trading services to investing clients. The IBG also provides integrated debt, currency, interest rate, credit, and commodity solutions; credit investment management; and merchant banking services, including sourcing, structuring, and financing private equity investments. In addition, the Bank of Montreal provides telephone banking, online banking, and automated banking machine services. As of October 31, 2004, the bank operated 1,174 branches. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada. |
