BMO Financial Group and BNP Paribas sign commercial banking deal

BMO Financial Group has signed a deal with BNP Paribas for a long-term agreement to help support its commercial banking clients.

BMO completed its acquisition of California-based Bank of the West from BNP Paribas on Feb. 1.

The banks say the agreement will ensure continuity of services for their international commercial clients.

The two banks will also enter into a leasing services partnership.