OREANDA-NEWS. BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE:BMO) (TSX:BMO), has been named Best Bank for the Canadian Dollar by FX Week for the fifth year running.

"We're committed to helping our clients with their foreign exchange needs and this award is, in part, a validation of our ongoing client focus and strategy," said Blake Jespersen, Head of Canadian Corporate & Foreign Exchange Sales, BMO Capital Markets. "We take great pride in being honoured for the fifth consecutive year, especially as it is our clients who are recognizing us."

BMO Capital Markets Foreign Exchange Products group is comprised of a team of nearly 100 professionals operating in eleven cities: London, Toronto, Montreal, Chicago, Milwaukee, New York, San Francisco, Guangzhou, Shanghai, Beijing and Hong Kong.

"As FX Week celebrates its 25th anniversary, the annual Best Banks Awards continue to be the industry's benchmark for quality of service and excellence," said Eva Szalay, Editor, FX Week. "By winning the Best Bank for the Canadian Dollar category, BMO Capital Markets has yet again demonstrated its commitment to being the market leader in the currency, as voted by clients, including investors, corporates and banks."

The winners of the annual FX Week Best Bank Awards are determined by votes from foreign exchange professionals from around the world. In the 2015 survey, respondents from banks, corporate treasurers and investors - including fund managers, institutional investors and hedge funds - voted for banks, brokers and vendors in 36 categories.

The BMO FX group has received numerous awards for its leadership in foreign exchange. Recent recognitions include:

  • Best Forex Provider, North America 2015 and Best Forex Provider, China 2015, Global Banking and Finance Review
  • Most Popular Market Maker in China 2014, Best Spot Market Maker 2014, China Foreign Exchange Trade System (CFETS)
  • Greenwich Share Leader in Canadian Foreign Exchange Market Share 2015, Greenwich Associates