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TORONTO, ONTARIO and LONDON, UNITED KINGDOM--(Marketwire - Nov. 29, 2011) - For the second time in three years, 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 Magazine. BMO Capital Markets also received this award in 2009.

"This award demonstrates that our global FX group has solidified its leading position in the Canadian-dollar foreign exchange market," said Jamie Thorsen, Global Head, Foreign Exchange Products and China Capital Markets, BMO Capital Markets. "In the current economic climate, it's important for clients to know they can rely on their banking partner to provide astute advice and flawless execution. Earning this distinction again is a testament to the exceptional capabilities that our team employs in meeting the needs of our FX clients in North America, the U.K. and beyond."

The winners of the FX Week Best Bank Awards are determined by votes from foreign exchange professionals from around the world, and are presented each year in London. In this year's survey, respondents from banks, corporate treasurers and investors, including fund managers, institutional investors and hedge funds, nominated their preferred banks, brokers and vendors in 39 categories.

"The Best Bank Awards are a reflection of how foreign exchange professionals view their peers in terms of overall quality of service." said Joel Clark, Editor, FX Week Magazine. "Earning the No. 1 spot for the Canadian dollar shows that BMO Capital Markets stands out as a leader to some of the largest and most influential FX participants."

BMO Capital Markets' Foreign Exchange Products group is a team of nearly 100 people operating in nine cities: London, Toronto, Guangzhou, Shanghai, Beijing, Hong Kong, Chicago, New York, and Montreal. The foreign exchange sales and trading desk in London opened in 2007.

BMO Capital Markets has been recognized with numerous awards for its leadership in foreign exchange. Recent awards include:

• "Best Forex, North America 2011" and "Best Forex Provider, China 2011", Global Banking and Finance Review
• "Best FX Bank North America, 2011", DealMakers Monthly
• "Best Foreign Exchange Bank, Canada & North America", European CEO, 2010
• "Most Popular Market Makers in China", and the "Best Non-U.S. Dollar Market Maker," China Foreign Exchange Trade System (CFETS) for the fourth year in a row.

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 2,200 employees operating in 17 North American locations and 30 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:BMO)(TSX:BMO), one of the largest diversified financial services providers in North America with US$499 billion total assets and more than 47,000 employees as at July 31, 2011.

About FX Week Magazine

Published since 1990, FX Week is the industry's exclusive publication for foreign exchange and money market professionals working within banks, brokerages, institutions and corporate treasuries. FX Week's expert editorial team operates out of London, the heart of the foreign exchange market, with support from editorial offices in New York and Hong Kong, ensuring that subscribers are provided with the information on the powerful forces that are making the markets tick and the events that are shaping the FX industry world-wide. For more information, visit, http://www.fxweek.com.