BMO Capital Markets Archives

BMO Harris Bank boosts credit to AZ business owners

Credit Unions Big Boose to Small Business - AZ Business Magazine September/October 2011

BMO Harris Bank is making an additional $2 billion in credit available to businesses in Arizona over the next three years. “We’re here to help, making more of our balance sheet available to businesses to support growth opportunities and help create new jobs,’ said Tim Bruckner, Arizona Commercial Banking Manager, BMO Harris Bank. “We have… Read More →

BMO: Arizona economy will accelerate in 2015

Deloitte Report Reveals Mid-Market Companies Expect U.S. Economic Growth

Arizona’s economy should pick up in 2015, with expected GDP growth of 3.5 percent, just ahead of the national average and an improvement from the expected 2.5 percent in 2014, according to the bi-annual U.S. State Monitor Report from BMO Economics. Steady population growth and job growth in the high-tech market will also help lead… Read More →

84% of Phoenix buyers settle for ‘less than perfect’ home


According to a survey released by BMO Harris Bank, Arizona house hunters visit an average of 11 homes before they buy, with the majority (84 percent) of buyers spending up to six months searching the market. The report, conducted by Pollara, also revealed: • Slightly less than half (48 percent) of home buyers currently on… Read More →

Arizona economy rising, report shows


Phoenix and the broader Arizona economy are expanding again after an extremely difficult recession, although growth will be more modest than the boom times of a decade ago, according to a report released today by BMO Economics. The labor market is a bright spot, with the city remaining consistent in its job growth performance.  “The… Read More →

IO Raises $260 Million in Financing

ade statewide data system
by in Banking | Business News | Tech

IO, the global leader in software-defined data centers, today announced the closing of a new $260,000,000 multi-year credit facility led by Wells Fargo. IO’s existing bank group, consisting of Wells Fargo and Mutual Bank of Omaha, has been expanded to include Bank of America, Bank of Montreal, JPMorgan Chase Bank, Royal Bank of Canada, National… Read More →