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Derivatives

ABN AMRO Nabs Commerz European Credit Chief

ABN AMRO has lured Stephen Lobb, European head of credit structuring at Commerzbank Securities in London.

ABN AMRO has luredStephen Lobb, European head of credit structuring at Commerzbank Securities in London. Lobb, who was between jobs and could not be reached, is the most recent in a string of departures from the German firm's credit division, including New York-based Eric Langille, head of U.S. flow trading, and George O'Dowd, head of structured credit trading, both of whom recently joined Nomura International.

Adrian Rimmer, spokesman at ABN AMRO in London, could not comment by press time and it could not be determined what role Lobb will take at the firm. Michael Staveley, global head of credit trading at Commerzbank in New York and to whom Lobb reported, did not return calls.

 

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