Bank Of Montreal Merges Treasury Risk And Asset/Liability Divisions

MANAGEMENT & OPERATIONS

Bank of Montreal (BMo) has reorganised its Treasury Risk Group by combining its previously separate treasury risk and asset/liability management groups into one unit. The bank is Canada's third largest with around U.S. $100 billion in assets. The new treasury risk group (TRG) will focus on developing consistent quantitative analysis methods for managing the bank's market risk, credit risk and assets/liabilities. It also has a newly added charge of helping establish credit limits for BMo's tre