Credit Suisse First Boston's successful defence against Barclays Capital's bid for its fixed income team means that other firms will now be considering the committment of their own New York-based staff.
Barclays Capital and CSFB confirmed on Thursday that all the US-based fixed income staff who had been targeted by Barclays - at least 30 - were staying at CSFB having been offered anything from pay rises to profit-sharing by their existing employer.