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Investment banks tap rivals for Asia staff

Credit Suisse and Dresdner Kleinwort have made senior hires from their rivals in Asia, as the battle for top staff continues in the region where pay for bankers eclipses that on offer in the US and Europe.

Credit Suisse has appointed Sakhi Siva, UBS’ Singapore-based chief Asian market strategist, to be its top strategist for the region, while Dresdner Kleinwort has hired Kenichi Niizeki from Morgan Stanley to head its Asia-Pacific equity derivatives business.

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