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CSFB Defies Its Critics in ABS: Pitied 15 months ago, new team from Pru yanks CSFB to second

Credit Suisse First Boston's asset-backed securities team, viewed initially by rival bankers as mere replacements to the top-ranked team that bolted CSFB more than a year ago, is turning out to be top-tier material in its own right.

The 70-person team, co-headed by former Prudential Securities Inc. ABS veterans...

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