- Annual program donates a day's worth of trading commissions
generated by BMO Capital Markets in Toronto, New
York, and London
- Has raised almost C$30 million
and supported more than 5000 students since its inception in
2005
TORONTO, NEW YORK,
and LONDON, Sept. 21, 2022 /CNW/ - BMO Capital Markets
today announced that its 2022 Equity Through Education (ETE)
trading day, held on September 20,
2022, raised C$1.65 million
toward educational assistance for students around the world.
Every year BMO donates 100 per cent of one day's institutional
equity trading commissions in North
America and Europe to
charities that provide scholarships, bursaries, mentoring programs,
and development opportunities to underprivileged students to help
them achieve their potential.
"This year I had the pleasure of being on our London trading floor for Equity Through
Education and the energy was inspiring as we watched the donation
amount grow throughout the day. This is the 18th year of
this program and it's still going strong – helping BMO Boldly Grow
the Good in business and life," said Dan Barclay, CEO
and Group Head, BMO Capital Markets. "ETE benefits promising
students around the world through financial aid and development
programs that promote diversity and inclusion and help them make
progress."
Opening doors for youth
"Back in my country [Tanzania],
girls have always been worried about taking STEM subjects because
they think they are only for men. I'm looking at the greater goal:
There are people behind me who want to enter into this field of
study. If I don't give it my best, then they won't be able to make
it. So, motivation is greater than the worry," said Glorious
Dongwe, a student in Metals and Energy Finance at Imperial College
London and a scholar through BMO's Equity Through Education
program.
The proceeds from this year's Equity Through Education trading
day will go to the following charities:
- The Jackie Robinson Foundation
- The Brokerage
- The Children's Aid Foundation of Canada
- The Financial Women's Association
- Imperial College of London
- Indspire
- Lime Connect
- The Loran Scholars Foundation
- Women in Capital Markets Return to Bay Street Program
Since its inception in 2005, the program has raised nearly
$30 million and helped more than
5000 students achieve their academic potential. For more
information, visit Our Culture.
About BMO Financial
Group
Serving customers for 200 years and counting, BMO is a highly
diversified financial services provider - the 8th largest
bank, by assets, in North America. With total assets
of $1.07 trillion as of July 31, 2022, and a team of
diverse and highly engaged employees, BMO provides a broad range of
personal and commercial banking, wealth management and investment
banking products and services to more than 12 million customers and
conducts business through three operating groups: Personal and
Commercial Banking, BMO Wealth Management and BMO Capital
Markets.
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content:https://www.prnewswire.com/news-releases/bmos-18th-global-equity-through-education-trading-day-raises-c1-65-million-for-education-and-development-of-students-in-need-301629740.html
SOURCE BMO Financial Group