Greg Park, formerly the head of ex-Japan Asia securitization at Credit Suisse First Boston, did not take long to resurface onto the scene. However, despite widespread speculation he would be joining Morgan Stanley, Park has moved to Calyon, the investment-banking arm of France's Credit Agricole.

With immediate effect, Park will fulfill the same position at his new employers as he did at CSFB. He will lead a Hong Kong-based team focusing on ABS, RMBS and CLO transactions and reports to Jean Marc Winand, head of Asian investment banking.

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