BMo Names Lloyd Head Of NA FX Trading; Pyle Selected To Run Consolidated MM Unit

BANKS

Bank of Montreal (BMo) has appointed Don Lloyd to a new position as managing director in charge of North American FX trading. Meanwhile, managing director Nick Pyle has been named head of the bank's newly consolidated money markets division, which encompasses the money markets operations of Bank of Montreal and both the money markets and repo operations of Nesbitt Burns--all three of which previously operated separately. Both positions are effective from the start of the new Canadian fiscal year

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