BMO Capital Markets Appoints Andrew Busch as Public Policy StrategistBusch to have dual role as Public Policy Strategist and Global Foreign Currency Strategist
CHICAGO, November 25, 2009 – BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE, TSX: BMO), announced today that Andrew Busch has been appointed Public Policy Strategist.
Based in Chicago, Busch will now provide clients with analysis on public policy issues in both the United States and Canada and the potential impact those issues can have on global financial markets. He will also continue to act as Global Foreign Currency Strategist, where he is known for offering thought-provoking insights about trends in foreign currencies. Busch becomes part of BMO Capital Markets' Global Research Group.
“Andy's additional focus on public policy is of growing importance as the role of government has become more intertwined with the markets and the private sector,” said Jamie Thorsen, Global Head, Foreign Exchange Products and China Capital Markets, BMO Capital Markets.
“Our ability to deliver pertinent public policy information will be a major benefit to our clients in search of information and knowledge on these topics,” said Paul Campbell, Co-Head of BMO Capital Markets' Global Research Group.
Busch is widely followed by clients and media for his daily commentaries and his frequent appearances on major financial news outlets, including CNBC where he is a regular contributor. He is a recognized expert on world financial markets and how these markets are impacted by political events. His views appear daily in his newsletter, the Busch Update.
In 1990, Busch joined BMO's Foreign Exchange Group in Chicago. Prior to that, he traded foreign exchange at Northern Trust Company. He graduated Phi Beta Kappa with a BA in Economics from Ohio Wesleyan University and received a MBA from the University of Chicago.
Busch Update, will continue to publish daily as part of his new role. To request a copy of the Busch Update and/or to be added to the distribution list please call (416) 867-3996.
About BMO's Global Research Group
BMO's leading team of 70 research analysts covers more than 850 stocks across diverse industry sectors, and has an excellent long-term track record. BMO Capital Markets also provides clients with equity strategy, quantitative analysis and portfolio management services. For more information, visit, http://www.bmocm.com/research/equities
About BMO Capital Markets Global Foreign Exchange Group
BMO Capital Markets' Foreign Exchange Group is a team of nearly 100 professionals based in eight cities around the world from Beijing to Chicago. The FX group holds a dominant position in the Canadian-dollar foreign exchange market and is top-ranked by large hedge funds and pension funds for institutional liquidity and pricing capacity. BMO Capital Markets was just named the Best Bank for the Canadian Dollar by FX Week Magazine. In September, BMO Capital Markets was recognized as the Top Foreign Exchange Bank in Canada by European CEO Magazine. Earlier this year, BMO Capital Markets was voted best FX market-maker in a survey by the China Foreign Exchange Trade System (CFETS) and the Interbank Funding Centre. BMO's Foreign Exchange Group trades in all major and other exotic currencies – 40 tradable currencies and exotics and over 100 currency pairs. For more information, visit: www.bmocm.com/products/marketrisk/fx/
About BMO Capital Markets
BMO Capital Markets is a leading full-service North American financial services provider, with over 2,400 employees operating in 14 North American offices and 27 worldwide, 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 (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with $389 billion total assets and more than 36,000 employees as at October 31, 2009.
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Media Contacts:
Kim Hanson, Toronto, 416-867-3996
Holly Holt, New York, 212-885-4153
Ronald Monet, Montreal, 514-877-1873
Internet: www.bmocm.com