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Nomura Raids DLJ

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Nomura Securities Inc. continues to raid Donaldson, Lufkin & Jenrette, having poached three fixed-income sales officials a mere week after it nabbed much of DLJ’s repossessed loan desk.

Nomura hired John Kistler as managing director in mortgage-backed securities and structured product sales, having been one of DLJ’s best salesmen in that field according to Nomura fixed-income head Alex Noujaim.

Nomura also hired Don McCabe as a director for its mortgage and whole-loan sales, as well as covering depository institutions. Two-year DLJ veteran Rolf Krenz also joined Nomura as a vp and will be responsible for fixed-income sales.

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