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Why consider a career at BMO Private Wealth?BMO's quiet merger. Is the creation of BMO Private Wealth Canada and Asia a step toward the family office model? By: donalee Moulton; February 6. Swiss bank completes acquisition of BMO Private bank in Singapore, Hong Kong. The acquisition includes clients and BMO's relationship management. BMO Financial Group announced it has entered into an agreement to sell its Private Banking business in Hong Kong and Singapore to J. Safra Sarasin Group.