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Marc Vandal, a managing director for foreign exchange at the Bank of Montreal (BMo) in Toronto, is being transferred to Singapore to become managing director and regional treasurer for the bank's Asia-Pacific treasury group, officials say. Vandal takes charge of managing the bank's treasury products and services for the region, starting on January 1. He replaces regional treasurer Ellen Costello, who has been directing operations from BMo's Hong Kong office. Costello, a derivatives
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