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.
蒙特利爾銀行加拿大第四大銀行(紐約證券交易所股票代碼：BMO)正在收購總部位於舊金山的西部銀行從…法國巴黎銀行(場外交易代碼：BNPQY)163億美元現金交易。
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.
發生的事情：總部位於蒙特利爾的蒙特利爾銀行表示，這筆交易為其客户名單增加了近180萬客户，同時擴大了銀行業務，增加了514家分行以及商業和財富辦事處。
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.
西部銀行成立於1874年，當時的名稱是農民國家黃金銀行目前擁有約1050億美元的資產。巴黎國家銀行法國巴黎銀行(BNP)在1979年收購了西部銀行，而法國巴黎銀行則與巴黎銀行在2000年。
See Also: The RazReport with Henry Yoshida, CEO of Rocket Dollar
另見：The RazReport with Henry Yoshida，Rocket Dollar首席執行官
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：蒙特利爾銀行在一份新聞聲明中補充説，交易完成後，它“將在美國前五大市場中的三個市場佔據強勢地位，在32個州擁有業務，擴大全國性的專業商業業務，並建立一個數字銀行平臺，在所有50個州收集存款。”
Nearly 70% of its deposits are in California, where BMO did not have a presence.
其近70%的存款位於加州，而蒙特利爾銀行在那裏沒有業務。
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."
達裏爾·懷特蒙特利爾銀行金融集團(BMO Financial Group)首席執行官劉易斯表示，此次收購將“增加有意義的規模、在有吸引力的市場的擴張，以及使我們能夠推動更大增長、回報和效率的能力。我們將向新的成長型市場提供極具競爭力的產品，結合我們數字銀行平臺的實力和強大的銀行家團隊，實現領先的客户增長。”
Photo: Ken Teegardin / Flickr Creative Commons
圖片來源：Ken Teegardin/Flickr Creative Commons