- Annual initiative has raised C$19.5 million since 2005, supporting more than 3,000
students
- Program donates a day's worth of trading commissions generated by BMO Capital Markets in Canada, the U.S. and Europe
TORONTO, NEW YORK and LONDON, Sept. 14, 2017 /CNW/ - BMO Capital Markets, the investment and
corporate banking arm of BMO Financial Group (NYSE:BMO)(TSX:BMO), today announced that its 2017 Equity Through Education trading
day raised C$1.6 million from institutional equity trading commissions to donate toward educational
scholarships for students in North America and Europe.
Each year, BMO Capital Markets donates a day of institutional equity trading commissions from the
United States, Canada and Europe to charities that
provide greater access to education for less advantaged students through scholarships, bursaries and other academic programs. The
initiative has raised C$19.5 million and has helped more than 3,000 students since it was launched
in 2005.
"Since 2005, BMO Capital Markets has helped more than 600 Jackie Robinson Foundation (JRF) Scholars with funding provided
through its annual Equity Through Education program," said Della Britton Baeza, JRF's President
& CEO. "This generous support includes direct sponsorship of 20 JRF/BMO Capital Markets Scholars and we could not be more
grateful. BMO has embraced our approach of providing four years of financial aid accompanied by comprehensive mentoring and
job placement services for college students who, in turn, positively impact the workplace and all of society – in keeping with
the legacy of our heroic namesake."
"Equity Through Education creates opportunity for driven students, who otherwise might not have the chance to achieve their
full potential," said Alan Tannenbaum, Managing Director and Co-head of Global Equity Products,
BMO Capital Markets, and Executive Sponsor of the program. "BMO is committed to supporting charities focused on education and
student success, which in turn helps to promote diversity in the workplace."
This year, the proceeds from the BMO Capital Markets Equity Through Education trading day will go to the following
charities:
About BMO Capital Markets
BMO Capital Markets is a leading, full-service North American-based financial services provider, with approximately
2,400 professionals in 30 locations around the world, including 16 offices in North America,
offering corporate, institutional and government clients access to a complete range of investment and corporate banking products
and services. 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 US$569 billion total
assets and over 45,000 employees as at July 31, 2017.
SOURCE BMO Financial Group
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