BMO Nesbitt Adds Four From Merrill

Feb 21 2007 | 1:50pm ET

Toronto-based BMO Nesbitt Burns has hired a group from Merrill Lynch in an effort to sell opportunities in Canada to American hedge funds.

BMO Nesbitt, a wholly-owned subsidiary of the Bank of Montréal, will add specialists Paul Chapman, Craig Gilchrist, Jordan Johnston and Ray Ritchie next week, the Globe and Mail reports. The group will reportedly research Canadian companies to develop strategies for U.S. hedge funds interested in the Canadian market.

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