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Who owns BMO Bank?The Bank of Montreal (French: Banque de Montreal), abbreviated as BMO is a Canadian multinational investment bank and financial services company. Use our local directory to find an American BMO Financial Planner near you. Speak with experienced professionals who can help you with a range of wealth. BMO Bank, N.A. is an American national bank that is headquartered in Chicago, Illinois. It is the U.S. subsidiary of the Toronto-based multinational investment bank and financial services company Bank of Montreal, which owns it through the holding.