FX Markets

Bank Of Montreal Looks At Synergies With Nesbitt Burns Ahead Of Move

BANKS

Bank of Montreal (BMo) has relocated its Asia-Pacific regional treasurer, Ellen Costello, to New York as managing director, to work on a special project which examines synergies between the bank and its investment banking subsidiary Nesbitt Burns, officials confirm.

Costello will report jointly to BMo executive vice president and treasurer, Yvan Bourdeau, and to Rick Knowles, executive vice president of Nesbitt Burns. Both the bank and its subsidiary are moving into a new trading room in Toronto

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