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CSFB could lose €2.6bn mandate to HSBC

HSBC Holdings may replace Credit Suisse First Boston (CSFB) as adviser to the Polish Treasury on its sale of Telekomunikacja Polska (TPSA), the state telecoms carrier, after winning an appeal against CSFB's appointment.

A Polish Treasury spokeswoman said: &quotIt is possible that we may drop CSFB and choose HSBC but a decision won't be made until the end of this week.&quot

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