Bank Of Montreal Acquires Bank Of The West For $16.3B In Cash
Bank Of Montreal Acquires Bank Of The West For $16.3B In Cash
Bank of Montreal (NYSE:BMO), Canada's fourth-largest bank, is acquiring the San Francisco-based Bank of the West from BNP Paribas (OTC:BNPQY) in a $16.3 billion cash transaction.
蒙特利尔银行加拿大第四大银行(纽约证券交易所股票代码：BMO)正在收购总部位于旧金山的西部银行从…法国巴黎银行(场外交易代码：BNPQY)163亿美元现金交易。
What Happened: The Montreal-headquartered BMO said the transaction add nearly 1.8 million customers to its client roster while expanding its banking presence with 514 additional branches and commercial and wealth offices.
发生的事情：总部位于蒙特利尔的蒙特利尔银行表示，这笔交易为其客户名单增加了近180万客户，同时扩大了银行业务，增加了514家分行以及商业和财富办事处。
Bank of the West was founded in 1874 as Farmers National Gold Bank and currently has approximately $105 billion in assets. Banque Nationale de Paris (BNP) acquired Bank of the West in 1979, while BNP merged with Paribas in 2000.
西部银行成立于1874年，当时的名称是农民国家黄金银行目前拥有约1050亿美元的资产。巴黎国家银行法国巴黎银行(BNP)在1979年收购了西部银行，而法国巴黎银行则与巴黎银行在2000年。
See Also: The RazReport with Henry Yoshida, CEO of Rocket Dollar
另见：The RazReport with Henry Yoshida，Rocket Dollar首席执行官
Why It Matters: In a press statement, BMO added that when the transaction is completed, it "will have a strong position in three of the top five U.S. markets, a footprint in 32 states, expanded national specialty commercial businesses and a digital banking platform gathering deposits in all 50 states."
重要的原因：蒙特利尔银行在一份新闻声明中补充说，交易完成后，它“将在美国前五大市场中的三个市场占据强势地位，在32个州拥有业务，扩大全国性的专业商业业务，并建立一个数字银行平台，在所有50个州收集存款。”
Nearly 70% of its deposits are in California, where BMO did not have a presence.
其近70%的存款位于加州，而蒙特利尔银行在那里没有业务。
Daryl White, CEO of BMO Financial Group, stated the acquisition would "add meaningful scale, expansion in attractive markets, and capabilities that will enable us to drive greater growth, returns and efficiencies. We will deliver a highly competitive offering to new growth markets, combining the strength of our digital banking platform and a strong team of bankers to generate leading customer growth."
达里尔·怀特蒙特利尔银行金融集团(BMO Financial Group)首席执行官刘易斯表示，此次收购将“增加有意义的规模、在有吸引力的市场的扩张，以及使我们能够推动更大增长、回报和效率的能力。我们将向新的成长型市场提供极具竞争力的产品，结合我们数字银行平台的实力和强大的银行家团队，实现领先的客户增长。”
Photo: Ken Teegardin / Flickr Creative Commons
图片来源：Ken Teegardin/Flickr Creative Commons