EXCLUSIVE: BMO joins GPFA and raises total assets to $10tn
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EXCLUSIVE: BMO joins GPFA and raises total assets to $10tn 20 July 2022Canada Reporter: Carmella Haswell
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The Global Peer Financing Association (GPFA), the peer-to-peer lending company, has announced BMO Wealth Management Canada as the newest member of its global asset owner community.
BMO Wealth Management joins as the 26th asset owner member of GPFA, raising the total assets across the global GPFA member community to more than US$10 trillion.
Commenting on the news, GPFA says: 鈥淲e are excited to deepen our community with additional asset and wealth management perspectives. Welcome BMO Wealth Management 鈥� Canada!鈥�
GPFA brings together beneficial owner members with the goal of encouraging the development of a more effective and transparent marketplace for securities financing activities, liquidity management and collateral management.
Members of the GPFA community share a goal to increase and support peer-to-peer securities financing trading activity.
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