While ABN AMRO made a splash last week when it announced it had hired three senior Asia-based bankers, speculation was rife that Credit Suisse First Boston is scaling back its ABS presence in the region. In fact, several well-placed sources confirmed that Greg Park, CSFB's current head of Asian securitization, would be leaving the firm this summer.

Park's expected departure follows that of the second-in-command, Paul Chu, who recently left CSFB to return to Clifford Chance.

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