HypoVereinsbank’s credit derivatives trading is currently done in Singapore, where the bank has three traders. Lei Qing and Rosetta Au have joined the securitisation and credit trading team in Singapore during the past three months. Au was previously with JP Morgan.
Meanwhile, in Hong Kong, HypoVereinsbank has hired Stefan Masuhr as head of structuring for its structured markets business and Mindi Lee, who is joining the securitisation team, said a Singapore-based spokesman for the bank. Lee was previously a structured finance analyst at Moody’s Investors Service in Hong Kong.
The new appointments bring to 27 the total number of the bank's dedicated asset-backed security and credit team in the region. The teams report to Singapore-based Nick Hamilton, head of securitisation and credit engineering for Asia.