HVB Group, the German bank, has lured two more specialists from BNP Paribas as it builds up its convertible bond business.

Dillen Iyavoo joins as co-head of global trading on HVB's multi-hedge strategy proprietary book alongside Wolfgang Klopfer. Iyavoo reports to Gunther Bonk and Vassilos Pappas, co-heads of equity-linked products.