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BMO Completes Sale of 138 U.S. Branches to First Citizens

Bank of Montreal logoBank of Montreal
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First Citizens BancShares logoFirst Citizens BancShares
Sig3.15Sen+3.25Env0.00Soc0.00Gov0.00

BMO Financial Group announced the completion of its sale of 138 U.S. branches to First-Citizens Bank & Trust Company. The deal transfers the operations associated with these branches to First Citizens. BMO continues providing personal and commercial banking, wealth management, and investment banking services across Canada, the United States, and select global markets.

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