BMO Capital Markets Named 2012 Best Bank for the Canadian Dollar by FX Week Magazine
November 22 2012 - 8:00AM
Marketwired
BMO Capital Markets, the investment and corporate banking arm of
BMO Financial Group (TSX:BMO)(NYSE:BMO), has been named the Best
Bank for the Canadian Dollar by FX Week Magazine for the third time
in four years. The award was presented last night at a ceremony in
London, U.K.
"BMO is a strong player in Canadian dollar market making,
offering premium pricing capacity and institutional liquidity; this
is a testament to our continued leadership in the space," said C.J.
Gavsie, Head of Foreign Exchange, BMO Capital Markets. "Our clients
face change on a daily basis, so it is important for them to have a
reliable partner to whom they can turn for advice. Our team works
hard to deliver industry knowledge on which our clients can depend,
and winning this award again is validation of that hard work."
The winners of the FX Week Best Bank Awards are determined by
votes from foreign exchange professionals from around the world and
are presented annually. In the 2012 survey, respondents from banks,
corporate treasurers and investors - including fund managers,
institutional investors and hedge funds - nominated banks, brokers
and vendors in 38 categories.
"The Best Bank Awards are a benchmark for performance in the
foreign exchange industry, and are a key indicator of who is a
leader in the marketplace," said Joel Clark, Editor, FX Week. "Once
again, BMO has earned the No. 1 spot for the Canadian dollar,
demonstrating that the firm stands out as a leader to some of the
largest and most influential participants in this currency
pair."
BMO Capital Markets' Foreign Exchange Products group is
comprised of a team of nearly 100 professionals operating in nine
cities: London, Toronto, Montreal, Chicago, Milwaukee, New York,
Guangzhou, Shanghai, Beijing and Hong Kong.
The group has received numerous awards for its leadership in
foreign exchange. Recent awards include:
-- "Best Forex, North America 2012" and "Best Forex Provider, China 2012,"
Global Banking and Finance Review
-- "Best FX Bank North America, 2012," DealMakers Monthly
-- "Most Popular Market Makers in China" 2011 and the "Best Non-U.S. Dollar
Market Maker" 2011, China Foreign Exchange Trade System (CFETS)
About BMO Capital Markets
BMO Capital Markets is a leading, full-service North American
financial services provider, with 2,200 employees operating in 29
offices worldwide, including 16 in North America and offering
corporate, institutional and government clients access to a
complete range of investment and corporate banking products and
services. BMO Capital Markets is a member of BMO Financial Group,
one of the largest diversified financial services providers in
North America with total assets of $542 billion and more than
46,000 employees as at July 31, 2012.
Contacts: Media Contacts: Alexis Brown, Toronto (416)
867-3996alexis.brown@bmo.com
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