News Releases
William Schreier Joins Harris Nesbitt's Equity Capital Markets Group
NEW YORK, May 17, 2005 - Harris Nesbitt, the U.S. investment and corporate banking arm of BMO Financial Group (NYSE: BMO), announced today it has hired William Schreier as Managing Director of its Equity Capital Markets (ECM) group in New York.
Mr. Schreier will focus on growing the firm's market share in public equity related financings. Reporting to Carlos Conde, Executive Managing Director and Head of Harris Nesbitt Equity Capital Markets, Mr. Schreier will be responsible for origination and helping clients identify, review and select optimal financing alternatives. He will also draw upon his experience to advance Harris Nesbitt's role in identifying opportunities in the growing Income Participating SecuritiesTM market.
"With more than 16 years of ECM experience, Bill is a seasoned professional and will be a great addition to our team," said Carlos Conde, Executive Managing Director and Head of Harris Nesbitt's Equity Capital Markets Group. "Given Harris Nesbitt's commitment to innovation, Bill's experience and background make him a great fit and will further strengthen our group as we continue to grow the business."
Prior to joining Harris Nesbitt, Mr. Schreier was a Senior Managing Director in CIBC World Markets' New York Equity Capital Markets (ECM) group. Previously, he was an ECM Managing Director at Salomon Brothers, and was ECM department head at Bankers Trust /BT Securities. Mr. Schreier began his ECM career at Morgan Stanley, where he first served as Senior Capital Markets Counsel, Legal Department. He began his professional career at Willkie Farr & Gallagher, practicing corporate and securities law.
Mr. Schreier received a B.S. in Finance (cum laude) from the Wharton School, University of Pennsylvania, Philadelphia, and a J.D. (Law Review) from Fordham University School of Law, New York.M
Harris Nesbitt's Equity Capital Markets Group is a leader in providing innovative financing solutions to a wide range of growing c ompanies. More recently, the firm has been active in bringing new issues public via the successful Income Participating Securities™ (IPS) product. This unique financing structure, which was created by Harris Nesbitt, allows U.S. companies to go public in either the United States or Canada utilizing a hybrid security. Since Harris Nesbitt introduced the IPS security in March 2004 the firm has raised approximately $1-billion in five initial public offerings.
Mr. Schreier is the latest addition to the firm. Over the last two years, Harris Nesbitt has continued to add senior professionals to all areas of its business, which focuses on providing a full suite of investment banking products and services to a number of clients across the U.S. The firm recently hired David Haas and Anthony Moretti to the Consumer & Leisure Investment Banking Group in New York. Two months ago, Harris Nesbitt hired industry veteran Erik van Nispen, who will be responsible for growing the national reach of the Financial Institutions investment banking team.
About Harris Nesbitt
Harris Nesbitt is an investment and corporate bank offering clients access to a full range of products and services including investment and corporate banking, treasury services, market risk management, institutional investing and research. Harris Nesbitt is part of Harris, an integrated financial services organization providing more than 1.5 million personal, business, corporate and institutional clients with banking, lending, investing and financial management solutions. Harris Nesbitt is a member of BMO Financial Group (NYSE, TSX: BMO). For more information, please visit www.harrisnesbitt.com.
Contacts:
Kevin Windorf, New York, (212) 885-4111
Chris Nardella, Chicago, (312) 461-6625
Kim Hanson, Toronto, (416) 867-3996