News Releases

Euromoney Magazine, one of Europe’s leading sources on international banking, has selected BMO Harris Private Banking as the best private bank in Canada.

The Euromoney survey identified companies that are recognized by competitors and industry players as leaders in private banking services.  The survey included 38 categories that were designed to reflect the strengths of both local niche companies and global firms, ultimately establishing which providers were deemed to be the best.

“We are delighted that BMO Harris Private Banking is so well regarded by our counterparts around the world.  International peer recognition in this industry is especially meaningful, given the long history and success private banking has enjoyed globally,” said Terry Jenkins, Senior Vice-President and Executive Managing Director, BMO Harris Private Banking.

“This award is a validation of our business strategy and a reflection of the unique, integrated service approach we provide affluent Canadians.  BMO Harris Private Banking’s team of professionals is comprised of leading specialists in a variety of disciplines including banking, investment management, estate and trust services and philanthropic services.  This dedicated team enables us to provide a comprehensive and holistic service to our clients,” added Jenkins.

Euromoney received completed questionnaires from more than 70 per cent of the 1,000 private banks contacted to participate in the survey.  The top ranked firms are those that provide the most services at the highest level, with the greatest degree of success. All answers pertained to the year from June 1 2002 to June 1 2003. Respondents have been kept confidential.

This is the first year Euromoney has produced this survey, which was published in the January issue. The winners will receive their awards at a black-tie gala in London in late February.

About BMO Harris Private Banking

BMO Harris Private Banking, a member of BMO Financial Group, serves the needs of high net-worth clients and their families and helps them deal with a wide range of complex financial issues. Modeled on the private banking business of Harris Bank, BMO Financial Group’s Chicago-based U.S. subsidiary, which has been managing money for affluent clients for over 100 years, BMO Harris Private Banking provides seamless North American delivery of integrated wealth management solutions.

About Euromoney

Euromoney is one of the most authoritative sources of detailed yet concise information on the trends and developments in international banking and the capital markets. Euromoney.com's users include commercial and investment banks, institutional investors, hedge funds, governments, corporations, consultancy firms, lawyers and stock and derivatives exchanges. More than 160,000 people read Euromoney magazine every month and over 250,000 people are registered users of Euromoney.com.

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