BNP Paribas reached an agreement with BMO for the sales of Bank of the West

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BNP Paribas has reached an agreement with BMO Financial Group for the sale of 100% of its retail & commercial banking activities in the United States conducted through its subsidiary Bank of the West, Inc. for a total consideration of 16.3 billion US dollars in cash (the “Transaction”)

Investment products and services are offered through BNP Paribas Securities Corporation, a wholly owned subsidiary of BNP Paribas, S.A., registered broker-dealer and futures commission merchant, and member of FINRA, SIPC, and NFA. Custody and certain other services are provided by the New York branch of BNP Paribas, S.A. Deposits are not FDIC insured.