TORONTO, ONTARIO--(Marketwire - May 25, 2012) - BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (TSX:BMO)(NYSE:BMO), has been named the Best Foreign Exchange Bank in North America by Dealmakers Monthly for the second year in a row and the Best Forex Provider in China by the Global Banking and Finance Review.
"A consistent goal of BMO's foreign exchange group is to provide our clients with wide ranging capabilities that have truly global reach; this is something in which we take pride," said C.J. Gavsie, Head, Foreign Exchange Products, BMO Capital Markets. "Over the last year, we have pushed further into both the North American and Chinese markets. These awards recognize the success of our efforts in these regions."
The Dealmakers Awards recognize a select number of leading professional firms from across the globe in their area of specialization. More than 24,000 respondents including individuals from banks, private equity firms, financial advisory firms, investment managers and asset-based lenders, participated in the survey.
The Global Banking and Finance Awards recognize prominent financial institutions in their particular area of expertise and have become a benchmark in the financial industry. Entries are judged on market capitalization, earnings per share, price/earnings ratio, total revenues, profit before tax, net income, operating profits, total assets, Tier 1 Capital, total deposits, total loans, loan to deposit ratio (deposits/gross loan ratio), non-performing loan ratio & non-performing loan and coverage and provision. Naming BMO Capital Markets the Best Forex Provider in China, reinforces the firm's well-regarded profile in the region.
BMO Capital Markets' Foreign Exchange Products group is a team of nearly 100 people operating in nine cities, including four in China: Guangzhou, Shanghai, Beijing, Hong Kong, Toronto, London, Chicago, New York, and Montreal.
For more information, visit: www.bmocm.com/fx.
About BMO Capital Markets
BMO Capital Markets is a leading, full-service North American financial services provider, with 2,300 employees operating in 30 offices worldwide including 17 in North America, 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 $525 billion and more than 46,000 employees as at April 30, 2012.
About Dealmakers Monthly
Dealmakers Monthly Magazine is an established global Deal reporting publication reaching out to a variety of readers to include CEO/CFO - Banks, Corporate Lawyers and Venture Capital/Private Equity Companies. http://dealmakers-monthly.com/
About Global Banking and Finance Review
Global Banking & Finance Review is an online portal which has evolved from the growing need to have a more balanced view for informative and independent news for the global banking and finance industry. Global Banking and Finance Review brings together the entire fundamental and growth areas of finance and banking into one easy, informative and all-encompassing publication. http://www.globalbankingandfinance.com/home.html