BMo Shuts Down Tokyo Trading But Keeps Japanese Rep Office

BANKS

Bank of Montreal (BMo) is winding down its Tokyo-based trading operation, but maintaining it as a representative office, confirms Marc Vandal, managing director and regional treasurer for Asia based in Singapore.

Tokyo was primarily a yen-related business for the Canadian bank, a business which is more suited to the product suite of its investment dealer subsidiary Nesbitt Burns, says Vandal.

Money Markets

Trading will be consolidated in Singapore, which will now handle all yen-related pricing

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: