
BMO aims to boost credit derivatives sales with new hires
BMO's credit derivatives unit operates out of London, Toronto and Chicago, but trades predominantly out of London, said Rick Brown, one of two credit derivatives traders at BMO in London.
Brown said BMO will also seek to develop more credit derivatives flows in Canada. “We are looking to expand our credit products business in Canada, where we have a greater presence and help the credit derivatives market mature,” said Brown.
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