BMO Capital Markets, the investment and corporate banking arm of Canada-based BMO Financial Group, has opened an office in Paris, as part of its strategy to broaden its institutional equity sales and trading services for European clients.
Reportedly, the Paris office will be led by Matthieu Debost, who joins as managing director and head of European sales, BMO Capital Markets. He brings a new group, which includes six equity sales professionals, all of whom come from a global investment bank and have experience in covering cross-section of stocks.
Tom Milroy, CEO of BMO Capital Markets, said: “By expanding our global footprint to Paris, we will have the leading distribution capability for Canadian equities in Europe. With this opening, BMO Capital Markets will be the only Canadian investment dealer with four equity sales and trading offices in Europe. In addition, this team will strengthen our ability to distribute US equities and offer a wide range of equity products and services to European investors, especially our top-rated research, where we are recognized leaders.”
Mike Miller, head of equity products, BMO Capital Markets, said: “Our priority is to offer European institutional investors access to the best ideas in all key sub-sectors, including global metals and mining, a historic strength of the firm. Our global equity capabilities allow us to execute on behalf of clients anywhere – extending from North America, Australia, Brazil and South Africa to the UK and Europe.”
