Another week, another hire at HVB – part of the UniCredit markets and investment bank operation. Now that its internal organisation has been sorted out, the bank appears determined to become a major play in FX and it has been steadily hiring sales people for the past few months. This week news comes that it has poached the highly-regarded Sue Rasmussen from ANZ. Rasmussen served 12-years at the Australian bank and her last role was co-head of FX sales. She resigned on Monday and will take up a role in fund sales at HVB, reporting to Steve Turner, HVB bank’s global head of hedge fund sales. The grapevine says that HVB has stopped hiring yet and will continue to hire when the right people become available.