Thursday, April 1, 2010

BMO Hires Ex-Lehman Banker Hoffmeister for U.S. Investment Bank

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.

No comments:

Post a Comment