A Bank of Montreal or BMO location in Toronto.Deborah Baic/The Globe and Mail
If there's a surge in interest in commodity stocks south of the border, Bank of Montreal wants to be ready.
The capital markets arm of Bank of Montreal is once again adding to its roster of U.S.-based commodity stock analysts, bringing on a new person to cover coal, steel and some base metal stocks.
The bank hired David Gagliano from Barclays. He replaces Meredith Bandy, who left the bank a few months ago. Mr. Gagliano will be in New York.
His hiring follows the addition of Mark Wilde earlier this year to cover paper stocks.
Mr. Gagliano was at Barclays for three years, after spending six years at Credit Suisse in New York. Prior to that, he worked for Credit Suisse in Canada covering Canadian base and precious metals miners, so he will have a good sense of the clients on both sides of the border.