New Management at BMO's NY Commodity Trading Desk

The Globe and Mail, Sinclair Stewart & Tara Perkins, 4 May 2007Bank of Montreal is reshuffling oversight of its commodity trading desk in New York barely a week after announcing it would have to take a $350-million to $450-million charge because of its commodity trading.As of this week, the commodity team will report into the financial products group, headed by Patrick Cronin and Mark Caplan,