Monday 7 May 2012

BMO opens representative office in UAE - The Globe and Mail

Bank of Montreal is expanding in the Middle East with the opening of a representative office in the United Arab Emirates, which will oversee investment banking and asset management services for clients.

The office, in Abu Dhabi, makes BMO the first Canadian bank with a representative office in the capital city of the UAE. Several Canadian banks have banking relationships across the Middle East, including Royal Bank of Canada, which operates a representative office for RBC Wealth Management in Dubai, the country’s largest city.

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