BMO Nesbitt Burns
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BMO Nesbitt Burns is a Canadian stock brokerage and wealth management corporation frequently referred to as an Investment bank. Headquartered in Toronto, Ontario, it is wholly owned by the Bank of Montreal who had purchased Nesbitt, Thomson and Company of Montreal, Quebec in 1987. After acquiring Burns Fry Ltd. of Toronto in 1994, the Bank merged the two prominent brokerages.
BMO Nesbitt Burns provides equity and debt research and underwriting, preparation of marketable securities, institutional sales and trading, and treasury and market risk management.
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Bank of Montreal | |
Chief Executive Officer: Bill Downe | FY 2005 Statistics: Net income: $2.4 billion CAD (4%) | Market capitalization: $28.9 billion CAD | Assets: $297.5 billion CAD | Employees: 33,785 | Stock symbols: TSX: BMO NYSE: BMO | Website: www.bmo.com |
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Major brands by financial service | |
Master: BMO | Financial group: BMO Financial Group | Canadian banking: BMO Bank of Montreal | U.S. banking: Harris | Canadian mutual funds: BMO Mutual Funds and Guardian Group of Funds| Canadian brokerage: BMO InvestorLine and BMO Nesbitt Burns | U.S. brokerage: BMO Harris Investor Services | Canadian insurance: BMO Life | Capital markets: BMO Capital Markets |