BMo Merges Forex With Harris Bank Creating Major Operation In Midwest
BANKS
The Bank of Montreal (BMo) and Harris Bank will officially merge their foreign exchange desks on April 3, creating what officials claim is the largest FX operation in the Midwest and one of the five largest in the U.S. overall, officials say.
Bank of Montreal U.S. Foreign Exchange will operate from BMo's U.S. head office in Chicago. A new, 120-position, state-of-the-art trading room on the BMo building's 19th floor is scheduled to come fully on-line on May 11. Harris Bank's forex sales and
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