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BMO aims for US ECM growth

The Canadian bank's pipeline is at a five-year high as it wins more business in the US

BMO Capital Markets, the investment and corporate banking arm of BMO Financial, has become the latest Canadian bank to rise up the league tables, allowing it to briefly break into the top 10 earlier this month.

Montreal-based BMO earlier this month moved into the top 10 for global equity capital markets revenues for the first time with fees of $72m and a market share of 3.2%, according to March 7 data from Dealogic. This was an increase from 1.9% at the same period last year.

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