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BMO Bank - $600 Checking BonusToronto-based BMO Financial Group completed the $ billion acquisition of Bank of the West in February, expanding its reach into the western US. Closing of the sale of Bank of the West to BMO Financial Group. Published on Create an email alert. TORONTO � BMO Financial Group has secured the all-clear from U.S. regulators to close its US$billion takeover of California-based Bank of.