Prudential Securities took a flurry of body blows last week in both its equity and debt businesses as both the president and research chief of Prudential Volpe Technology Group resigned, as did the heart of Pru's asset-backed securities team, which defected to Credit Suisse First Boston.

James Feuille, president of Prudential Volpe Technology Group (PVTG), quit on Monday, citing the refusal of Prudential Securities - which acquired technology banking boutique Volpe Brown Whelan for about $180 million in December - to give the San Francisco-based unit the operational autonomy he thought it needed. In New York, meanwhile, ABS group heads Joe Donovan and Greg Richter jumped ship to CSFB, prompting Pru to file a lawsuit to prevent its rival from snatching any more of its ABS talent.

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