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  • Josh Rovner

Why BMO Capital Markets for Investment Banking? / Overview of BMO Capital Markets


Overview


BMO Capital Markets is one of the top Canadian investment banks and has a long history as part of Canada’s Big 6. Bank of Montreal, the parent company, has several divisions and operates as a full-service investment bank in Canada.


Notably, Bank of Montreal has agreed to acquire Bank of the West, a San Francisco-based retail and commercial bank, from French owner BNP Paribas for US$16.3B. After being announced in December 2021, the deal is likely to close later this year and will expand BMO’s presence in the U.S.


BMO Capital Markets Overview


Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with BMO Capital Markets, you should make sure you know:

  • 1 deal that the investment banking group has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention


We articulate how you can answer this question thoughtfully in our Investment Banking Course. We also cover all technical and qualitative information you need to get a top investment banking offer.



Big 3 Qualitative Questions


Selected Transaction


BMO Capital Markets advises in all sectors, but is most known for its Metals & Mining (M&M) group. An example of its work is when it advised semiconductor company MaxLinear on its acquisition of Silicon Motion Technology.


  • Transaction Description: MaxLinear Inc. (NASDAQ:MXL) acquired Silicon Motion Technology Corporation (NASDAQ:SIMO) to become a highly profitable company with expected US$2B+ in annual revenue.

  • Transaction Value: US$3.8B in cash and stock

  • Transaction Date: Announced May 2022

  • Press Release


Fact Sheet

BMO Capital Markets Logo


  • Company Name: BMO Capital Markets (part of Bank of Montreal)

  • Description: BMO Capital Markets is a leading Canadian full-service financial services provider offering corporate and investment banking, treasury management, as well as research and advisory services to clients globally

  • Bank Category: Canadian bulge bracket

  • Ticker: NYSE:BMO and TSE:BMO

  • Founded: 2006 (for BMO Capital Markets)

  • Employees: 2,600 (for BMO Capital Markets)

  • Chief Executive Officer: Dan Barclay

  • Headquarters: Toronto, Canada


Resources

BMO Capital Markets Glassdoor



BMO Capital Markets Salary


Based on the H1B Database, the average base salary for an Analyst at BMO is $70k. We note that this salary information may be dated and not reflective of their current pay.

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