BMO Capital Markets Appoints New Deputy Chief Economist and Head of U.S. Economics

TORONTO, ONTARIO and CHICAGO, ILLINOIS--(Marketwired - Nov 4, 2013) - BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (BMO.TO)(BMO), today announced the appointment of Michael Gregory as Deputy Chief Economist and Head of U.S. Economics, effective November 4, 2013. Mr. Gregory will be based in Chicago and report to Doug Porter, Chief Economist, BMO Capital Markets.

Mr. Gregory will be responsible for increasing the exposure of BMO's economic research in the U.S. while also providing research to U.S. dollar-focused clients around the world. He will also provide dedicated support for the U.S. Fixed Income business, and work to coordinate BMO Economics' efforts with those of the Global Fixed Income Strategy team, headed by Margaret Kerins.

"Michael has provided timely, in-depth analysis and commentary to BMO clients and stakeholders for over a decade," said Mr. Porter. "As we continue to expand the scope of our North American research, mirroring BMO's growing footprint in the U.S., Michael will play an important role in driving coverage with on-the-ground insights. This appointment marks another major achievement in Michael's career, and I congratulate him on the new role."

Mr. Gregory joined BMO in 2001 to head its Financial Services Analysis Team, focusing on regulatory and industry restructuring issues. He joined BMO Capital Markets Economics in 2004.

Mr. Gregory is a graduate of Concordia University in Montreal and the University of Western Ontario in London, and did doctoral studies at Fordham University in New York. He also holds a Chartered Financial Analyst designation.

About BMO Capital Markets

BMO Capital Markets is a leading, full-service North American financial services provider, with more than 2,200 employees operating in 16 North American offices and 29 worldwide, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (BMO)(BMO.TO), one of the largest diversified financial services providers in North America with $549 billion total assets and more than 46,000 employees as at July 31, 2013.

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