ABN Amro is looking to ramp up staff across the board for its U.S. loan business. ABN has been building up its U.S. loan platform for a couple of years already and it is planning to continue to bolster this existing effort, a spokesman for the firm said. He did not specify the type or number of positions available, stating that they are open to all aspects of ABN's loan business, including distribution, origination and trading. Positions would fall under John Finan, managing director and head of loan syndications, Mark London and David Kanter, managing directors and co-heads of leveraged finance, and Catherine Yelverton, managing director and head of secondary loan trading at ABN.
Earlier this month, ABN announced the expansion efforts for its high-grade bond and asset securitization businesses, listing a number of recent hires in these departments. London explained that the new push in these parts of ABN's business stands on the foundation created by its strengthened loan syndications and trading platform. "A critical part [of the plan] is to have a strong loan syndications capability," he said.