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'''BMO Capital Markets''' is a North American [[financial services]] provider that offers corporate, institutional and government clients access to a complete range of products and services. These include equity and debt underwriting, corporate lending and [[project financing]], [[merger and acquisitions]] advisory services, [[merchant banking]], [[securitization]], [[treasury management]], market risk management, debt and [[equity research]] and institutional sales and [[Trade|trading]].
'''BMO Capital Markets''' is a North American [[financial services]] provider that offers corporate, institutional and government clients access to a complete range of products and services. These include equity and debt underwriting, corporate lending and [[project financing]], [[merger and acquisitions]] advisory services, [[merchant banking]], [[securitization]], [[treasury management]], market risk management, debt and [[equity research]] and institutional [[Sales and trading|sales and trading]].


==History==
==History==

Revision as of 20:01, 27 May 2012

BMO Capital Markets
Company typeSubsidiary
IndustryFinancial Services, Investment & Corporate Banking
PredecessorNesbitt, Thomson & Co., Burns Fry
Founded1987 (acquisition of Nesbitt Thomson)
HeadquartersToronto, Ontario, Canada
Productsmergers & acquisitions advisory, acquisition & divestiture advisory, debt products, equity products, mezzanine debt, securitization, corporate lending, private equity, treasury management, correspondent banking, trade finance, commodity products, credit derivatives, equity derivatives, interest rate derivatives, foreign exchange, fixed income, loan syndications, securitized products, prime brokerage
ParentBank of Montreal
Websitewww.bmocm.com

BMO Capital Markets is a North American financial services provider that offers corporate, institutional and government clients access to a complete range of products and services. These include equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, merchant banking, 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 WW2, 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

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 (GKM)

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.

2008 - Griffin, Kubik, Stephens & Thompson, Inc. (GKST)

BMO Capital Markets acquires Chicago-based Griffin, Kubik, Stephens & Thompson (GKST), becoming the largest qualified municipal bond dealer in Illinois. GKST was founded in 1980 and focuses on municipal bonds, debt securities (including U.S. Treasury debt), agencies and mortgage-backed securities.

Offices

Offices in Americas

Offices in Asia-Pacific

Offices in Europe and the Middle East

References