April 1 (Bloomberg) -- Bank of Montreal hired former Lehman Brothers Holdings Inc. banker Perry Hoffmeister to head the U.S. investment banking business of Canada’s fourth-biggest bank.
Hoffmeister will start April 19 as head of U.S. investment and corporate banking with BMO Capital Markets, the Toronto- based lender said today in an e-mail. Hoffmeister worked for 21 years at Lehman, with his last job there as co-head of investment banking for Europe and the Middle East.
The announcement comes two days after BMO Capital Markets said Dominic Petito, co-head of U.S. investment and corporate banking, will retire June 30.
Hoffmeister will report to William Butt, the firm’s global head of investment and corporate banking, who’s based in Toronto.
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