BMO - Best Domestic Private Bank US 2017


Global Financial Market Review (GFM) is a dedicated online news portal that focuses on industries and news that are involved in the financial markets. As part of its coverage of this huge and multi-disciplined industry GFM has developed a series of Awards. The Awards have been developed to reward companies and institutions who have achieved notable success in their respective fields. The Awards have become a standard for reliability, performance and security within the financial community. 

In a challenging market the GFM Awards recognize the progress, achievement and leadership of Global companies and institutions that are engaged in the financial market, either directly or indirectly through those supporting it. GFM aims to promote award winners through the GFM website while also using its media partners to ensure that various other news agencies take up the announcements. 

Articles on the GFM site are read by in excess of 40,000,000 people per year. GFM benefits from not only producing its own editorials but aggregating focused news from a number of global news providers. As a truly global financial news portal GFM aims to ensure that the panel headed by the Publisher, with input from the research team choose winners that best reflect over achievement in the nominated category. 

With over 800,000 Twitter followers GFM Review has the largest following in the specialist financial news category. 

The awards selection panel used a wide range of criteria to come to their decisions on the 2017 award winners. Some of the general criteria depending on the industry included Transparency, Corporate Governance, Sustainability, Volume of transactions, Innovation, Customer Service. Some of the specific criteria used included Market Capitalization, Earnings per Share, Price/Earnings Ratio, Total Revenues, Net income, Operating Profits, Tier 1 Capital, Total Deposits, Loan to Deposit Ratio, Non-Performing Loan Ratio, Coverage and Provision. 

The judging panel are proud to award the following institution:

BMO

“Best Domestic Private Bank US 2017” 

This Award recognises the exceptional manner in which BMO has continued to focus and supporting and serving clients, some of notable successes that the panel identified were;

BMO SmartFolio®, Canada’s first bank-owned digital portfolio management platform. Launched new ETFs in both Europe and Asia, to consolidate BMO’s position as the #2 ETF provider in Canada. The establishment of a team of specialist professionals focused on providing services for clients with cross-border financial needs. Launched the BMO Women in Leadership Fund, the first impact investing mutual fund by a Canadian bank.

The Award also recognises BMO for its continued stability in a challenging economic environment and acknowledges the sound strategic policies that the bank has pursued over the last 12 months in regard to its business operations.

The process by which GFM Review reached this decision is open and unbiased. The research team identify a number of organizations in a given sector. This is passed to the Nominations Team who in turn contacts those institutions that have been nominated for the specific award. The judging panel then review the material presented before them and make a decision as to who, in their eyes, is worthy of the award.

 

About BMO

BMO Private Bank is the private banking arm of Bank of Montreal. Established in 1817 as Canada’s first chartered bank, Bank of Montreal (TSX, NYSE: BMO) is a highly diversified financial services organization that provides a broad range of retail banking, wealth management, and investment banking products and solutions to over 12 million clients internationally.

BMO operates globally in major financial markets and trading areas in Canada and the United States, and has operations in 23 other jurisdictions in Asia and Europe. BMO is among the top 30 international banks by market capitalization.

The BMO vision is to be the bank that defines great customer experience. At its essence, the business is about enriching people’s lives. That means paying close attention when they talk about their priorities, concerns, and ambitions. It means being advisors, pointing people to the best choices, and then giving them the confidence to take control of their financial futures.

 

About GFM Review

Global Financial Market Review (GFM) is an online news portal that is focused on the financial industry. It has been developed to deliver informative and independent news from around the world. The articles on GFM are both sourced from a number of independent news sources as well as written in-house. This is reflected in the quality and insight that the portal delivers to readers. GFM readership is comprised of decision makers from global businesses including FT100 and Fortune 500 companies as well as high net worth individuals.

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