BMO Names Wilpon Head of M&A in the U.S.

Bank of Montreal named Lyle Wilpon, a former executive with Bank of America Corp.’s Merrill Lynch unit, to head its mergers-and-acquisitions business in the U.S.

Pav Jordan, a spokesman for the Toronto-based firm, confirmed the appointment. Wilpon takes over from Scott Humphrey, who also runs the industrial group and now will focus solely on that sector, Jordan said. Wilpon was hired last month and takes sole responsibility for the unit this week.