Bank of Montreal, together with its subsidiaries, provides various retail banking, wealth management, and investment banking products and services in North America and internationally. It offers personal banking products and services, including deposit and investment services, mortgages, consumer credit, business lending, credit cards, and other banking services to individuals, and small and mid-sized businesses; and commercial banking products and services comprising lending, deposits, treasury management, and risk management services to small business, medium-sized enterprise, and mid-market banking clients. The company also provides investment and wealth advisory services; self-directed investing services; private banking services to high net worth and ultra-high net worth clients; investment fund solutions to institutional, retail, and high net worth investors; record-keeping and administrative services to pension plan sponsors; and creditor insurance, life insurance, and annuity products and services. In addition, it offers investment and corporate banking services, which include advice and execution on mergers and acquisitions, restructurings and recapitalizations, valuation and fairness opinions, debt and equity underwriting, loan and debt products, balance sheet management solutions, treasury management services, trade finance, and risk mitigation services to corporate, institutional and government clients. Further, the company provides trading products, such as debt, foreign exchange, interest rate, credit, equity, securitization, commodities solutions, debt and equity research, and institutional sales to institutional, commercial, and retail clients; and new product development, proprietary trading, and origination services, as well as funding and liquidity management services. As of October 31, 2011, it maintained approximately 1,600 bank branches in Canada and the United States. The company was founded in 1817 and is headquartered in Montreal, Canada.