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GFM Review Announces Award Winner BMO Best Domestic Private Bank 2016

Top Quote GFM Review is proud to announce BMO as the winner of Best Domestic Private Bank US 2016. End Quote
  • (1888PressRelease) July 15, 2016 - Global Financial Market Review (GFM) is a dedicated online news portal that focuses on industries and news that are involved in the financial markets. As part of its coverage of this huge and multi-disciplined industry GFM has developed a series of Awards.

    The Awards have been developed to reward companies and institutions who have achieved notable success in their respective fields. The Awards have become a standard for reliability, performance and security within the financial community.

    In a challenging market the GFM Awards recognize the progress, achievements and leadership of companies and institutions around the world that are engaged in the financial market either directly or supporting it. GFM aims to promote award winners through the GFM website while also using its media partners to ensure that various other news agencies take up the announcements.

    Articles on the GFM site are read by in excess of 40,000,000 people per year and the portal is ranked independently among the top 30,000 websites globally.

    Additionally GFM has attracted some 470,000 twitter followers which it engages with daily. As a truly global financial news portal GFM aims to ensure that the panel headed by the Publisher with input from the research team choose winners that best reflect over achievement in the nominated categories.

    The awards selection panel used a wide range of criteria to come to their decisions on the 2016 award winners. Some of the general criteria depending on the industry including but not limited Transparency, Corporate Governance, Sustainability, Volume of transactions, Innovation, Customer Service. Some of the specific criteria used included Market Capitalization, Earnings per Share, Price/Earnings Ratio, Total Revenues, Net income, Operating Profits, Tier 1 Capital, Total Deposits, Loan to Deposit Ratio, Non-Performing Loan Ratio, Coverage and Provision.

    The judging panel are proud to award BMO Private Bank as the Best Domestic Private Bank US 2016.

    Global Financial Market Review's annual awards recognize companies that have excelled in the areas of innovation, product development, client service, leadership and business development.

    BMO Private Bank was chosen for its ability to:
    -Provide outstanding client service while maintaining high retention rates
    -Offer customized solutions and investment strategies
    -Deliver high-quality, research-driven portfolio management
    -Exemplify industry leadership excellence

    These awards recognize the exceptional manner in which the winning institutions have focused on delivering excellence with its nominated segment over the last year.

    The process by which GFM Review reached this decision is open and unbiased. The research team identify a number of organizations in a given sector. These are passed to the Nominations Team who contact those institutions that have nominated for the specific award.

    The judging panel then review the material presented before them and make a decision as to who in their eyes is worthy of the award.

    About BMO Private Bank, a Part of BMO Financial Group
    BMO Private Bank offers a comprehensive range of wealth management services that include investment advisory, trust, banking and financial planning to meet the financial needs of high-net worth clients. Through integrated teams of experienced financial professionals, BMO Private Bank helps its clients realize their financial and lifestyle goals with solutions that are custom tailored and delivered with the highest level of personalized service.

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