BMO (Bank of Montreal remembering that this is French speaking Canada) started in Montreal in1 817. There are 29 member banks in Guangzhou and therefore to be named top foreign exchange bank two years in succession is laudable.

CFETS, which is the interbank trading and foreign exchange division of China’s central bank, has recognized two BMO Capital Markets employees as ‘Excellent Traders of 2007.’

Regine Ou and Bofeng Jiang based in BMO’s Guangzhou office are among a total of 11 traders from 10 banks to receive the special award.

Jamie Thorsen, Global Head of Foreign Exchange Products & China Capital Markets for BMO Capital Markets, and seen in our illustration, said, ‘These are fantastic achievements and a testament to our growing capabilities in China as well as our excellence in foreign exchange. As the Guangzhou market continues to evolve into a more competitive arena, BMO is well positioned to continue providing high quality services and execution.’

BMO is a Canadian bank in China, with branches in Beijing, Guangzhou and Hong Kong. BMO also has a representative office in Shanghai and an Investment Banking Representative office in Beijing.

BMO’s long history in China dates back to the early 1800s — almost as soon as it was founded — when it completed its first foreign exchange transaction helping the United States finance its growing trade with China.
Source: Fox Business