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Steve Thom will retire as head of global credit trading at Bank of Montreal, according to people familiar with the matter.
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Thom joined the bank as a managing director five years ago and worked at Royal Bank of Canada for 27 years before that, according to his LinkedIn page. Thom also did a short stint at fixed income manager RP Investment Advisors in 2019.
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Bank of Montreal has been reorganizing its capital markets unit with a series of appointments and layoffs. The division earned around $1.45 billion on revenue of $7.5 billion for the 2025 fiscal year, according to its annual report.
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A spokesperson for the bank declined to comment. Thom didn’t respond to a request for comment.
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