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A message from BMO Capital Markets on COVID-19

News Releases COVID-19 Insights March 11, 2020
News Releases COVID-19 Insights March 11, 2020

 

We recognize this is an unsettling time, as the coronavirus (COVID-19) situation is rapidly evolving around the globe and the markets have been incredibly volatile. We are closely monitoring developments around the spread of the virus and our priority remains the safety of our employees and clients.

As a valued client, we are committed to supporting your needs – during these uncertain times, and always.

We are here for you and well-positioned to help. We remain fully operational and are taking every necessary step to continue to provide the service you rely on with a minimal level of disruption as events continue to unfold.

Across the bank, we have taken preventive measures to stay resilient.

We are restricting business travel, requiring self-isolation for employees travelling from impacted countries, encouraging virtual meetings, re-evaluating our guidelines around large events, ensuring our key suppliers have continuity plans in place and doing all we can to keep our employees informed of COVID-19 developments and our plans. 

We are prepared to serve you as we always have.

We have business continuity plans in place to ensure our operations will continue to run effectively. As a normal practice, these plans are regularly tested and enhanced to ensure critical functionality for any and all instances of disruption. As our teams in China and South Asia have been managing the virus with our continuity plans for several weeks, we have confidence in our preparedness to deal with the situation as it continues to spread. To minimize the risk of disruption to our operations outside of Asia, we have separated our key trading and operational roles across alternate sites and remotely.

While none of us knows what lies ahead, we, BMO, are confident in our robust plans, the actions we are taking, and the leadership of our preparedness efforts.

We will continue to monitor developments in this global health crisis and take necessary action.

We will continue to evaluate the COVID-19 situation and its impact across all the geographies we operate in and take guidance from public health authorities.

Our thoughts go out to anyone in our global community who may be affected by the coronavirus. Please reach out to us – either to me directly or to your relationship managers – if we can do anything to help you and your organization in these challenging and uncertain times.

Thank you for your continued trust in our firm, and in our people.

Dan Barclay Signature

Dan Barclay

CEO, BMO Capital Markets

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Dan Barclay Chief Executive Officer & Group Head, BMO Capital Markets

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