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ABN Amro snaps up HVB’s Seeger

Dutch bank ABN Amro has hired Kai Seeger from HypoVereinsbank as part of its step-up in credit derivatives activity under the stewardship of Arnie Groes, head of global credit derivatives.

Seeger was head of credit derivatives trading at HypoVereinsbank, but will become one of the senior credit default swap flow traders at ABN Amro, Groes told RiskNews.

ABN Amro hired Matt Chauvel from General Re Securities as a credit derivatives trader in London last month.

“I hope to be able to announce further hires in due course,” Groes said.

Paul Underwood will take over as head of credit derivatives trading at HypoVereinsbank. Seeger is expected to start work at ABN Amro tomorrow.

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