TORONTO, ONTARIO and NEW YORK, NEW YORK--(Marketwired - Sept. 27, 2013) - BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE:BMO)(TSX:BMO), announced today it will donate $1.1 million to eight charities across North America from the firm's Equity Through Education charitable program.
The donation marks the ninth consecutive year that BMO Capital Markets has donated institutional equity trading commissions, earned on its Equity Through Education Day in the U.S. and Canada, to charities whose goal it is to provide
greater access to education for less advantaged youth through scholarships, bursaries and other programs.
"We are really trying to do things that are tangible for our youth, things that make a difference and which can actually be measured according to observable results," said Eric Tripp, President, BMO Capital Markets. "Equity Through Education is a testament to our firm's commitment to creating a diverse and equitable workplace. We want to congratulate our entire Equity Products team - as well as our clients - for stepping up and demonstrating the leadership, dedication and commitment that are essential to making this program successful."
Since it was launched eight years ago, Equity Through Education has raised $13.4 million and has assisted more than 2,500 individuals.
This year, the proceeds from the BMO Capital Markets Equity Through Education trading day will go to the following North American charities:
• Canadian Merit Scholarship Foundation
• The Financial Women's Association
• The Jackie Robinson Foundation
• Foundation for the Advancement of Aboriginal Youth
• Lime Connect
• Pathways to Education Canada
• Women in Capital Markets
To learn more about Equity Through Education visit: http://www.bmocm.com/equitythrougheducation.
About BMO Capital Markets
BMO Capital Markets is a leading, full-service North American financial services provider, with more than 2,200 employees operating in 16 North American offices and 29 worldwide, 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:BMO)(TSX:BMO), one of the largest diversified financial services providers in North America with $549 billion total assets and more than 46,000 employees as at July 31, 2013.