Acquisition of Marshall & Ilsley Corp.
Clear Path Forward
Strong US
Management
Team
✓ Mark Furlong: CEO of combined U.S. P&C business
✓ Ellen Costello: CEO of Harris Financial Corp. (U.S. Holding Company) and U.S.
Country Head for BMO Financial Group
✓ Combine top management talent from both companies
Focused on
Integration
Execution
✓ Leveraging significant prior integration experience of both companies
✓ Strong execution team focused on project management and driving results
✓ Experienced dedicated teams to manage run-off loan portfolios and loss mitigation
✓ Plan to convert systems to one combined technology and operations platform
✓ Will ensure business-as-usual for customers
✓ Capturing ~$250 million in identified cost savings with transaction and restructuring
charges of -$540 million
BMO
Financial Group
Acquisition of Marshall & Ilsley Corp. December 17, 2010
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