BMO Capital Markets
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BMO Capital Markets

November 25, 2013 08:30 ET

BMO Capital Markets Named 2013 Best Bank for the Canadian Dollar by FX Week

TORONTO, ONTARIO and NEW YORK, NEW YORK and LONDON, UNITED KINGDOM--(Marketwired - Nov. 25, 2013) - 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 for the third year running.

"This accolade highlights the BMO FX team's dedication to providing clients with the best solutions for a global market," said C.J. Gavsie, Head of Foreign Exchange, BMO Capital Markets. "Receiving this award for the third time in a row motivates us to work hard to stay on top by providing customized FX hedging and investment strategy, with particular focus on the Canadian dollar."

The winners of the annual FX Week Best Bank Awards are determined by votes from foreign exchange professionals from around the world. In the 2013 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 key indicator of excellence in the foreign exchange industry," said Joel Clark, Editor, FX Week. "In winning the No. 1 spot again for the Canadian dollar, BMO has demonstrated that it stands out as a leader to a wide range of participants in this currency, including investors, banks and corporates."

BMO Capital Markets' Foreign Exchange Products group is comprised of a team of nearly 100 professionals operating in ten 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 2013" and "Best Forex Provider, China 2013," Global Banking and Finance Review
  • "Best FX Bank North America, 2013," DealMakers Monthly
  • "Most Popular Market Makers in China" 2012 and the "Best Spot Market Maker" 2012, China Foreign Exchange Trade System (CFETS)

About BMO Capital Markets

BMO Capital Markets is a leading, full-service North American financial services provider, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets, has more than 2,200 employees operating in 29 offices worldwide, including 16 in North America, and is a member of BMO Financial Group (TSX:BMO)(NYSE:BMO), one of the largest diversified financial services providers in North America with US$535 billion total assets and more than 46,000 employees as at July 31, 2013.

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