ABN AMRO has promoted Arthur Leiz, v.p. and credit-default swap trader in New York, to head up its U.S. desk. The move follows the departure of Chase Van Der Rhoer, the previous head, who jumped to HSBC Securities to be a credit derivatives trader, said an official familiar with the move.
Patrick Phalon, spokesman in New York, confirmed Leiz's promotion, but declined further comment. John McCarthy, head of credit markets for the Americas, to whom Leiz reports, did not return calls.
At HSBC, Van Der Rhoer reports to Rick Briggs, managing director. Briggs referred calls to Pamela Plehn, spokeswoman in New York, who could not provide comment by press time.
