ABN AMRO plans to hire fixed-income derivatives and credit products salespeople to boost its London and New York teams. Nigel Fox, global head of derivatives marketing in London, said the salespeople will be focused on selling to the hedge fund community. He added the beefing up was part of the bank's commitment to grow its derivatives capabilities, especially to the hedge fund community and that the bank wants to get the professionals on board as soon as possible. He declined further comment, so the current group size and hiring numbers could not be determined.