News Releases
TORONTO, NEW YORK and LONDON, Sept. 27, 2018 /CNW/ - BMO Capital Markets today announced that its 2018 Equity Through Education trading day raised C$1.6 million toward educational scholarships for students in North America and Europe.
Every year, BMO Capital Markets donates a day of institutional equity trading commissions from the U.S., Canada and Europe to charities that assist under-privileged students through scholarships, bursaries and other academic programs. Since the program's launch in 2005, more than C$20 million has been raised and 4,500 students have been provided with greater access to education.
Since 1992, BMO has been a supporting donor to The Loran Scholars Foundation, granting 24 young Canadians with BMO Loran Awards. "Through its annual Equity Through Education program, BMO Capital Markets has contributed significantly to our mission to identify and nurture Canada's next generation of leaders," said Meghan Moore, CEO at the Loran Scholars Foundation. "We are so grateful to BMO for embracing our belief that the young people who are going to create positive change in our world are those who show strength of character, a deep commitment to service and an inner fire that draws others to their work. With BMO's support we can provide transformative experiences to help these students to realize their potential."
"We could not be more proud of achieving the milestone of reaching the C$20 million donation mark since the inception of our Equity Through Education program," said Carl Kirst, Managing Director of Research, U.S. Equities, BMO Capital Markets. "As we continue into our 15th year, it only becomes more meaningful to see how dollars raised can help support charities built on the foundation of student academic success."
The proceeds from this year's Equity Through Education trading day will go to the following eight charities:
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About BMO Capital Markets
BMO Capital Markets is a leading, full-service North American-based financial services provider offering corporate, institutional and government clients access to a complete range of products and services including equity and debt underwriting, corporate lending and project financing, mergers and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. With approximately 2,500 professionals in 30 locations around the world, including 16 offices in North America, BMO Capital Markets works proactively with clients to provide innovative and integrated financial solutions.
BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO) one of the largest diversified financial services providers in North America with $765 billion total assets as at July 31, 2018.
SOURCE BMO Financial Group
