HSH Nordbank, the German regional bank that specialises in real estate and shipping finance, has recruited the former group treasurer of HVB to run its capital markets business.

Eckehard Dettinger-Klemm, a former banker at JP Morgan and Deutsche Bank who joined HVB in 1997, will become a member of the management board with responsibility for financial markets from next April. He was most recently a management board member of Hypo Real Estate Bank International, the former Dublin-based subsidiary of HVB.