First Interstate adjusts chief banking officer role, again

Core Insights - Bank of Montreal (BMO) has initiated a reorganization within its capital markets unit, resulting in the departure of two long-serving managing directors [1][3] Group 1: Departures - Alena Vinogradova, who worked at BMO for over 12 years and was the managing director and head of XVA trading, left the bank last week [2] - Nancy Branch, a managing director with approximately 24 years at BMO and head of cross business structuring, also departed [3] Group 2: Reorganization - BMO is restructuring its capital markets team, appointing John Mitrano as the sole head of global equities and Darren Campbell as the head of global markets Canada in September [3] - The bank has not provided comments regarding these changes [3]