BMO Capital Names Dan McNamara U.S. Financial Institutions Head

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Bank of Montreal, Canada’s fourth biggest bank by assets, has hired former Calamos Asset Management Inc. executive Dan McNamara to oversee financial institutions investment banking in the U.S.

McNamara will replace Erik van Nispen as head of financial institutions for the U.S., according to the bank’s spokesman Pav Jordan. He declined to discuss Nispen’s plans.