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Bank of Montreal hires new global head of FX strategy in London

Bank of Montreal has hired a new head of FX strategy to be based in London, the bank said in a statement Thursday.

Audrey Childe-Freeman joins BMO from JPMorgan Private Bank in London, where she worked as executive director and global head of currency strategy, having been hired as European head of currency strategy in September 2010 from Brown Brothers Harriman. BMO rose five places to 31st in the 2012 Euromoney FX Survey, increasing client volumes traded by 66% in the 2011 calendar year. BMO was ranked 19th in North America in this year’s survey.

BMO’s client base of real-money investors (53%) and other banks (33%) is largely based in North America, which accounted for about 90% of its client FX volumes, according to Euromoney Market data.

BMO Capital Markets opened its London FX desk in 2007, and it also trades FX in: Beijing, Chicago, Guangzhou, Hong Kong, Montreal, New York, Toronto and Shanghai.

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