Overview
The Bank of Montreal is not only Canada's first bank: it has also occupied a prominent place in the pantheon of Canadian nation building. Whom Fortune Favours examines the trajectory of this extraordinary organization across the span of two centuries. The historian Laurence Mussio applies an analytical lens to a financial institution whose strategies fundamentally shaped, and were shaped by, the evolution of a country and a continent. The Bank of Montreal (BMO) represents an extremely rare institution, one that has both endured and adapted to fundamental change. The depth and breadth of the Bank's history offer a unique opportunity to analyze a singular organization over ten generations. As an institution, BMO played a critical part in the destiny of its home city and in the emergence of Canada on an international scene. Crucial to the development of Canadian and North American financial systems, BMO shaped the political economy of banking. Over the last half century, the institution's response to successive economic, technological, demographic, and regulatory shifts illustrates how Canadian and North American finance has adapted to the challenges before it. At its heart, Whom Fortune Favours presents a multifaceted story about the making of contemporary finance. This epic chronicle is the result of a massive research effort incorporating thousands of never-before-released internal documents. Mussio's accessible narrative will appeal to both scholars and executives who seek to understand the origins, development, and present-day implications of one of North America's great institutions.
Full Product Details
Author: Laurence B. Mussio
Publisher: McGill-Queen's University Press
Imprint: McGill-Queen's University Press
Weight: 0.454kg
ISBN: 9780228000686
ISBN 10: 0228000688
Pages: 752
Publication Date: 16 April 2020
Audience:
College/higher education
,
Professional and scholarly
,
Tertiary & Higher Education
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: Out of stock
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.
Reviews
Extensively researched and well written, Whom Fortune Favours is a serious work of history. Andrew Smith, University of Liverpool Laurence Mussio has produced a book that will stand the test of time. An honest and instructive examination of the strategies and leadership that have propelled the Bank of Montreal for two hundred years, Whom Fortune Favours will serve as an inspirational and cautionary guide for the bank and other Canadian financial institutions throughout the next century. Duncan McDowall, Queen's University and author of Quick to the Frontier: Canada's Royal Bank
Author Information
Laurence B. Mussio is a senior business historian, consultant, and strategic advisor to senior executives in finance, technology and government. He is the co-founder of the Long Run Initiative. He lives in Toronto.
