TORONTO, ONTARIO--(Marketwired - July 26, 2013) - BMO Capital Markets, the investment & corporate banking arm of BMO Financial Group (TSX:BMO)(NYSE:BMO), has earned the highest marks of any Canadian prime broker in a survey by Global Custodian Magazine.
The survey showed BMO earned "Best in Class" recognition in 10 out of 13 categories measured across Canadian providers of highly competitive prime brokerage services, making it the #1 Prime Broker in Canada.
In addition to receiving the top overall score in Canada, BMO earned top marks in categories including client service, securities lending, capital introduction, financing and margining, reporting, technology, operations, prime custodial services and value.
"We are listening to our clients and constantly improving our offering " said Luke Seabrook, BMO Capital Markets, Head of Financial Products & Debt Products, who noted that scores have been improving for the past two years. "This award demonstrates our commitment to providing the highest quality of service, technology and overall experience for our clients."
The Global Custodian survey is now in its 20th year and measures the perceptions of clients about the quality of services provided to them by their prime brokers. This year, the survey looked at a total of nearly 50 prime brokerage providers around the world. BMO Capital Markets has steadily increased its scores since 2009, the first year it participated in the survey.
About BMO Capital Markets
BMO Capital Markets is a leading, full-service North American financial services provider, with 2,200 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 $555 billion and more than 46,000 employees as at April 30, 2013.
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