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BMO Hires Former BofA Executive Aron Levine to Lead U.S., Rejigs Teams

  • BMO Financial Group announced senior executive changes on June 5, 2025, focusing on reorganizing its U.S. Operations from Toronto.
  • The bank aims to support growth and rebuild profitability by combining personal, business, commercial, and wealth management banking in the U.S.
  • Aron Levine, a U.S. Banking veteran, will lead BMO U.S. Personal and business banking starting July 7, reporting to CEO Darryl White and CEO Darrel Hackett.
  • BMO said under Ernie Johannson's leadership, the Canadian unit had top-tier revenue growth, while the U.S. Division had strong deposit generation, as Darryl White stated.
  • The restructuring intends to improve collaboration, integrate AI and technology, and enhance client service to advance BMO's return on equity.
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BMO Financial Group making changes to senior executive ranks

TORONTO — BMO Financial Group made changes to its senior executive ranks including the appointment of Aron Levine as group head and president, BMO U.S. Levine will lead BMO’s U.S. personal and business banking, U.S. commercial banking and U.S.

·Collingwood, Canada
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bankingdive.com broke the news in on Thursday, June 5, 2025.
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