# BMO Financial Group closes purchase of Euroz Hartleys' Australian capital markets business

> BMO Financial Group has completed its acquisition of Euroz Hartleys' Australian capital markets business.

- Published: 2026-11-01T16:22:14+00:00
- Section: Mergers & Acquisitions
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-01/bmo-euroz-hartleys-capital-markets-acquisition
- Source: [PR Newswire APAC](https://en.prnasia.com/story/554115-0.shtml)

## Key takeaways

- BMO Financial Group completed its acquisition of Euroz Hartleys Group's Australian capital markets business on November 1, 2026.
- BMO agreed in June 2026 to pay $145 million in cash for the business, with about 40 team members joining BMO Capital Markets.
- BMO has been named the world's best Metals & Mining Investment Bank by Global Finance Magazine for 17 consecutive years.

[BMO Financial Group](https://akta.pro/company-profiles/0004mpf/bmo-financial-group) completed its acquisition of the Australian capital markets business of Euroz Hartleys Group Limited, the company said on November 1, 2026. BMO [announced](https://en.prnasia.com/story/554115-0.shtml) the closing of the deal, which expands its metals and mining franchise and BMO Capital Markets' presence in Australia.

## BMO's Euroz Hartleys Deal Terms

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. [Euroz Hartleys](https://akta.pro/company-profiles/0008cqk/euroz-hartleys) is an Australian firm whose capital markets business covers equities research, institutional sales and trading, equity capital markets, mergers and acquisitions, and strategic advisory.

BMO agreed in June 2026 to acquire the business for $145 million in cash, according to akta.pro [company records](https://akta.pro/company-data). About 40 team members are joining BMO Capital Markets, the same records show.

The acquisition combines BMO's global investment banking and distribution capabilities with Euroz Hartleys' Australian expertise. The combined platform connects clients with capital, investors and opportunities across Australia, North America and Europe, according to the announcement.

BMO has operated in Australia since 2004 with an office in Melbourne. The addition of the Euroz Hartleys capital markets team in Perth expands BMO's Australian capabilities and establishes a broader platform serving corporate and institutional clients.

BMO has been recognized as the world's best Metals & Mining Investment Bank by Global Finance Magazine for 17 consecutive years.

## BMO's Australian Expansion in Context

BMO's move into Perth follows its exit from other businesses. On October 29, 2026, BMO closed the sale of its Transportation Finance and Vendor Finance businesses to Stonepeak, transferring about 75% of the estimated C$14.5 billion portfolio, PR Newswire reported.

Earlier in October 2026, BMO hired Todd Burns, a former UMB market president and Wells Fargo executive, to lead its Southwest commercial banking business, with plans to grow in Dallas-Fort Worth and across Texas, American City Business Journals reported.

BMO also announced on October 22, 2026, that it was named to Forbes' 2027 list of America's Most Trusted Companies for the second consecutive year, Stock Titan reported.

## BMO's Next Scheduled Events

BMO will host its inaugural Financials Conference on November 9-10, 2026, in Boca Raton, Florida, through BMO Capital Markets, Stock Titan reported. Ares Management Corporation's CFO Jarrod Phillips will present at the conference on November 10, 2026, at 9:30am ET, PR Newswire reported.

## Companies in this story

- [BMO Financial Group company profile](https://akta.pro/company-profiles/0004mpf/bmo-financial-group) · website: https://www.bmo.com
- [Euroz Hartleys company profile](https://akta.pro/company-profiles/0008cqk/euroz-hartleys) · website: https://www.eurozhartleys.com

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