BMO's Downe to Split Time Between Chicago & Toronto

Bloomberg, Doug Alexander, 21 December 2006William Downe, Bank of Montreal's next chief executive officer, will split his time between Chicago and Toronto, becoming the first Canadian bank head in about 65 years to have a base on both sides of the U.S. border.``Bill will spend his time where the business requires him to be,'' bank spokesman Paul Deegan said in an interview. ``Having lived and