Reuters reports that Bank of Montreal's BMO Capital Markets, fresh from a two-year hiring spree, is further staffing up its U.S. investment bank to take advantage of a surging market for merger advisory.
The bank is planning to hire investment bankers in the United States for its financial services, real estate and technology teams this year, Perry Hoffmeister, head of U.S. investment and corporate banking, told Reuters in an interview on Friday. The bank has already hired 32 people so far this year.
BMO has jumped higher in the rankings for advising mid-sized companies, according to data compiled by Thomson Reuters. It has also won advisory roles in bigger deals recently, having advised IntercontinentalExchange in its $11 billion bid for NYSE Euronext.
Find out more at: http://www.baltimoresun.com/business/sns-rt-us-bmocapitaltre75q5se-20110627,0,1557977.story
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