BMO Capital Markets Named Best Canadian Bank for USD/CAD Ratio for 11th Consecutive Year | State

TORONTO and new YORK and LONDON, December 10, 2021 /PRNewswire/ – BMO Capital Markets, the investment and corporate banking division of BMO Financial Group (NYSE: BMO) (TSX: BMO), has been named Best Bank for USD/CAD for the eleventh consecutive year by 2021 Best Banks in Foreign Exchange Markets Awards.

“For the 11and consecutive year, BMO Capital Markets is grateful to have been recognized as the best bank for the USD/CAD pair,” said Blake Jespersen, Managing Director, Corporate Sales and Structuring, BMO Capital Markets. “This speaks to our strategy of being customer obsessed, our global hedging model and our strong CAD trading capabilities.”

the Best Foreign Exchange Banks Awards are the benchmark for performance in the global forex industry and are the most accurate indicator of market leadership. Winners are chosen based on votes from forex professionals around the world. In the 2021 survey, respondents from banks, corporate treasurers and investors – including fund managers, institutional investors and hedge funds – voted for banks, brokers and salespeople in 47 categories .

BMO Capital Markets‘ Foreign Exchange Products Group, part of BMO Fixed Income, Currencies and Commodities (BMO FICC), is made up of a team of nearly 70 professionals working in London, Dublin, Toronto, Calgary, Montreal, Chicago, Milwaukee, New York, San Francisco, Shanghai and hong kong.

BMO FICC Group has received numerous awards for its market leadership. Recent recognitions include:

  • Ranked #1 for US Rates Strategy, Technical Analysis and Federal Agency Debt Strategy by Institutional Investor
  • Recognized as a 2019 Greenwich Quality Leader in Canadian Fixed Income Research by Greenwich Associates
  • Ranked #3 in 2019 as Greenwich Stock Leader for Overall Canadian Fixed Income Market Share by Greenwich Associates

About BMO Financial Group

Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $988 billion as of October 31, 2021 and a diverse and highly engaged team of employees, BMO offers a wide range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and leads through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

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SOURCE BMO Financial Group