Credit Suisse First Boston has announced two new hires in its Asian credit research team.

Effective immediately, Eden Wong and Chetan Bhagat will move to the firm and both report to Damien Wood, head of CSFB's Asia credit research team.

Wong will focus his attentions on the Asian telecoms and Hong Kong corporate sectors. A highly respected credit research analyst, Wong joins CSFB from ING. He will work out of Hong Kong in his new position.

Joining from Goldman Sachs, Bhagat will look at Asian oil and mining companies, in addition to a broad cross-section of Asian industrial issuers. The CSFB position will require that Bhagat relocates from Hong Kong to Singapore in early 2005. At Goldman Sachs, Bhagat was a member of its credit advisory and risk division, where he covered commodities customers. He also is author of the Five Point Someone: What not to do at IIT.