Implications of BofA-LaSalle Deal for BMO

Scotia Capital, 24 April 2007Bank of America Acquires LaSalle� The much rumoured Bank of America acquisition of LaSalle Bank of Chicago was announced in conjunction with the Barclays merger with ABN Amro.� LaSalle is the second largest bank in Chicago and Illinois with retail deposit market share of 14.1% and 11.2% respectively, slightly below JP Morgan Chase the largest with market share of