Bank of Montreal
The Bank of Montreal is Canada's oldest chartered bank. It opened in Montreal, Quebec on November 2, 1817 and served as Canada's central bank until the creation of the Bank of Canada in 1935. Today the Bank of Montreal is a major international bank with 1,100 branches across Canada and around the world.In 1984 the bank greatly expanded its operations in the United States by purchasing Chicago's Harris Bankcorp.
In 1998 the Bank of Montreal shocked the Canadian financial community by announcing plans to merge with the Royal Bank of Canada. The plans were later blocked by the Canadian government.
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