Bank Of Montreal Beefs Up For Chicago Move Not Done Yet, A Global Options Center Too

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Bank of Montreal is on schedule for its grand Chicago opening next week, officials there confirm, and is beefing up its staff in preparation. In addition to building a new forward, spot and corporate FX desk, the bank is also planning to open an options desk which will eventually serve as its global options center.

Phillip Wilson, senior vice president, treasury at Bank of Montreal says, "the net new growth will be in Chicago and ultimately, after the initial start-up period, Chicago will be