Expect BMO Financial Group to be a more aggressive brand locally in 2023, particularly with a new regional leader on board aimed at growing the bank's presence in DFW.
BMO announced earlier this year it plans to hire another 50 people in Irving for a tech hub. Roles will be across development, cybersecurity, engineering and financial crimes units, among others. "When you combine great people with a full-service platform that has a huge runway in one of the best growth markets in the country, how can you say no?" Riley said.
I come from the industrial Midwest. I grew up around organized laborers. When I found that that was an area of law, I was naturally drawn to that. However, once I began to practice labor law, and I was a litigator, I found myself sitting across from business owners who were involved in litigation ... during deposition breaks, I would talk to them about their businesses.
When you're talking about Dallas, or if you're talking about Texas, there just aren't that many places that can be so accretive to the business. The way that we have realized that as we have grown to date, the enterprise has put product partners close to us. I don't have to teleport my capital markets banker from New York, Chicago, Los Angeles or San Francisco to Dallas. He's here.
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