Thursday, August 31, 2006

BMO Plans Shanghai Corporate Bank Branch

Bloomberg, Sean B. Pasternak, 31 August 2006Bank of Montreal plans to open its first corporate-banking branch in Shanghai to take advantage of China's surging economy, said Yvan Bourdeau, chief executive officer of BMO Capital Markets.The investment banking unit of Canada's fourth-biggest bank opened a ``representative'' office in Shanghai in 2002, which can refer corporate clients to its

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