ABN AMRO is in the market to hire credit derivatives professionals to replace Fabrice Haddad, a credit derivatives trader who recently joined Gen Re Securities in London, and as a response to increased customer flows. Graham Bird, managing director and global head of derivatives at ABN AMRO in London, said the firm's plain-vanilla and structured credit trading business has grown as more end-users and investors have come into the market.
Bird declined to reveal how many traders ABN will hire but noted that the credit derivatives market is growing globally and so is likely to hire in North America, Asia, London and Amsterdam.
