NEW YORK & TORONTO,
May 1, 2009 – BMO Capital Markets, the investment and corporate
banking arm of BMO Financial Group (NYSE, TSX: BMO), has hired John D.
Morris as a Senior Equity Analyst on the firm’s Consumer Equity Research
team and Andrew Kaip as a Senior Equity Analyst on its Metals & Mining
Equity Research team.
“Our expansion in both Consumer and Metals & Mining underscores
our commitment to our well-established strategy of providing our clients
with relevant and actionable investment ideas from smart analysts like
John Morris and Andrew Kaip,” said Jack Blackstock, Co-Head of
Equity Research, BMO Capital Markets.
Paul Campbell, Co-Head, Equity
Research, BMO Capital Markets added, “Both
Mr. Morris and Mr. Kaip contribute to BMO’s research strength through
the great value of their experience, with John as a respected Wall Street
veteran and industry expert and Andrew as an established geologist and
insightful analyst.”
John D. Morris
Based in New York, John will
follow Retail Apparel companies as part of the firm’s Consumer coverage. John returns to BMO from Wachovia
Securities, where he led the firm’s apparel retail efforts since
2006. Prior to that, John was the senior retail apparel analyst for BMO
Capital Markets and its predecessor firm Gerard Klauer Mattison.
With more than 15 years of
experience covering the specialty apparel sector of the retail industry,
John has been highly ranked in numerous
analyst surveys, including The Wall Street Journal’s “Best
on The Street” on three separate occasions. During his earlier
tenure at BMO Capital Markets, John created a proprietary research product
named the Sale Rack Index, which tracks promotional trends among apparel
retailers and uses focus groups to conduct research with consumers. John
will continue this approach as part of his forthcoming research. John
earned his BA from Stanford University and his MBA from the Amos Tuck
School at Dartmouth College.
Andrew Kaip
Based in Toronto, Andrew Kaip
joins the BMO Capital Markets Global Metals & Mining
Equity Research team of ten analysts, collectively targeting coverage
of more than 120 public companies. For the past five years, Andrew worked
as a mining analyst at Haywood Securities, most recently covering gold
and silver junior exploration and mining companies. Prior to that, he
served as a project and consulting geologist for more than 10 years.
Andrew received his B. S. In Geology from Carleton University and his
M. S. in Economic Geology from the University of British Columbia and
is a Professional Geologist.
About the BMO Capital Markets Equity Research Group
With more than 70 research
analysts, BMO Capital Markets Equity Research now covers more than
900 companies in industries that include Business
Services; Capital Goods; Consumer & Leisure; Energy, Utilities & Power;
Financial Institutions & REITs; Food & Agribusiness; Healthcare;
Media & Entertainment; Metals & Mining; and Technology & Telecommunications.
A complete list of the firm’s U.S. and Canadian equity analyst
team and coverage universe can be viewed at: www.bmocm.com/research/equities.
About BMO Capital Markets
BMO Capital Markets is a leading, full-service North American financial
services provider offering equity and debt underwriting, corporate lending
and project financing, merger and acquisitions advisory services, merchant
banking, securitization, treasury management, market risk management,
debt and equity research and institutional sales and trading. BMO Capital
Markets has offices in 26 locations around the world, including 14 in
North America.
BMO Capital Markets
is a member of BMO Financial Group (NYSE, TSX: BMO),
one of the largest diversified financial services providers in North
America with
US$361 billion total assets and 37,000 employees as at January 31, 2009.
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