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BMO Financial opens second North Texas commercial banking unit.

M2 EQUITYBITES-July 2, 2019--BMO Financial opens second North Texas commercial banking unit

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Global Banking News - 02 July 2019

BMO Financial Group (NYSE:BMO) (TSX: BMO) has said that it has opened its second commercial banking unit in North Texas.

Based in Fort Worth, the unit will be headed by Nick Salomone, BMO's market executive for the region. Salomone has most recently been a commercial banking market executive in Fort Worth for a competitor bank, BMO said. The team will also include relationship manager Greg McCollum, customer service associate Jeanne Ellen Esparza, business development officer Ryan Merz and portfolio manager Martin Velasco.

Headed by Brian Enzler, marketing executive, Commercial Banking, Texas, the commercial banking office in Dallas has expanded over the last three years. The team had recently added a Wealth Management unit headed by Mark Walsh, who will work with clients throughout North Texas to develop customised wealth management plans.

With total assets of CAD830bn as of April 30, 2019, BMO is a diversified financial services provider that offers a broad range of personal and commercial banking, wealth management and investment banking products and services. It conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

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Publication:M2 EquityBites (EQB)
Geographic Code:1U7TX
Date:Jul 2, 2019
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