FIVE YEARS AGO IN FXW

FIVE YEARS AGO IN FXW

BMo Continues Forex Merger With Harris Trust In Chicago

Bank of Montreal (BMo) is continuing to integrate the foreign exchange business of its two constituent banks, having centralized its forex operations in Chicago. BMo has recently reorganized its own and US subsidiary Harris Trust's forex management reporting, shifting from a functionally-based structure to a product-based approach.

FXW, November 21, 1994

Editor's Note: Bank of Montreal completed its integration with Harris Bank the follow