Bank of Montreal's (BMO.TO) BMO Capital Markets, fresh from a two-year hiring spree, is further staffing up its U.S. investment bank to take advantage of a surging market for merger advisory. The bank is planning to hire investment bankers in the United States for its financial services, real estate and technology teams this year, Perry Hoffmeister, head of U.S. investment and corporate banking, told Reuters in an interview on Friday. BMO has jumped higher in the rankings for advising mid-sized companies, according to data compiled by Thomson Reuters. It has also won advisory roles in bigger deals recently, having advised IntercontinentalExchange (ICE.N) in its $11 billion bid for NYSE Euronext (NYX.N).
Bank of Montreal (BMO) provides a range of credit and non-credit products and services directly and indirectly through Canadian and non-Canadian subsidiaries, offices and branches. Shares of BMO traded higher by 0.99% or $0.6/share to $61.02. In the past year, the shares have traded as low as $51.11 and as high as $66.64. On average, 827166 shares of BMO exchange hands on a given day and today's volume is recorded at 821216.
IntercontinentalExchange, Inc. (ICE) is an operator of global futures exchange and over-the-counter (OTC) markets and derivatives clearing houses. Shares of ICE traded higher by 1.65% or $1.96/share to $120.52. In the past year, the shares have traded as low as $92.18 and as high as $135.38. On average, 767839 shares of ICE exchange hands on a given day and today's volume is recorded at 362894.
NYSE Euronext is a global operator of financial markets and provider of trading technologies. Shares of NYX traded higher by 2.45% or $0.78/share to $32.65. In the past year, the shares have traded as low as $26.42 and as high as $41.60. On average, 5127960 shares of NYX exchange hands on a given day and today's volume is recorded at 3616780.
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