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BMO Said Interested in Buying BNP Paribas’ Bank of the West Unit, Bloomberg

December 17, 2021, 08:03 AM
Filed Under: Banking News

According to a Bloomberg report, Bank of Montreal has expressed interest in buying BNP Paribas SA’s U.S. banking arm, according to people familiar with the matter. BMO has held initial talks about an acquisition of BNP Paribas’s Bank of the West unit.

Reuters last month reported BNP Paribas was working with advisers to assess a sale Bank of the West.

Read the Bloomberg article here.

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