Stephen Gallo Hired by Bank of Montreal as Currency Strategist

Stephen Gallo, ranked the most- accurate currency forecaster in a Bloomberg-compiled review in June 2011, has joined Bank of Montreal as European head of currency strategy in London.

His appointment was confirmed by Alexis Brown, a Toronto- based spokeswoman for Canada’s fourth-largest lender, in an e- mailed response to questions yesterday. Gallo started his role on April 8, Brown said in a telephone interview today.

Gallo left his job as foreign-exchange strategist at Credit Agricole SA in London in November. He had joined the French bank in May from Schneider Foreign Exchange Ltd., now called Monex Europe Ltd., where he was head of market analysis.

To contact the reporters on this story: Lukanyo Mnyanda in Edinburgh at lmnyanda@bloomberg.net; David Goodman in London at dgoodman28@bloomberg.net

To contact the editor responsible for this story: Paul Dobson in London at pdobson2@bloomberg.net

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