News
BMO Financial Group Achieves Top Rank in J.D. Power Wealth Management Study Amid Recent Tragedy Near BMO Stadium
BMO Financial Group has been recognized as the top performer in the J.D. Power 2024 Canada Wealth Management Digital Experience Study, announced on November 26, 2024. This accolade highlights BMO’s commitment to providing exceptional digital services to its wealth management clients. The bank, which is the eighth largest in North America by assets with total assets of $1.4 trillion as of July 31, 2024, has consistently demonstrated its prowess in the financial services sector.
In other news, a tragic incident occurred near BMO Stadium in Los Angeles on November 25, 2024. A 16-year-old bicyclist was struck and killed by a hit-and-run driver in what authorities believe may have been a road-rage attack. The police have identified a person of interest and seized two cars in connection with the incident. This incident has raised concerns about road safety and the need for stricter measures to prevent such tragedies.
BMO Financial Group, also known as the Bank of Montreal, operates across four main business segments: Canadian personal and commercial banking, US P&C banking, wealth management, and capital markets. The bank has a significant presence in both Canada and the United States, employing over 55,767 people and serving customers for nearly 200 years.