Alexander Rekeda joined Guggenheim Capital Markets as managing director and head of CDOs, effective today. Rekeda was previously head of structured credit, Americas at Mizuho Securities which he joined in November 2006. Mizuho dismissed its entire CDO-underwriting group in mid-December 2007, including Rekeda as well as 13 others, who all left Calyon for positions at Mizuho only one year prior. Rekeda had built up the cash CDO business at Calyon, where he had had been since July 2004.
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The Federal Reserve governor warned in a speech Saturday that lower capital requirements and lighter supervision could create a credit 'sugar high' that could spur excessive risk-taking, with potentially significant long-term consequences.
7h ago -
Self-employed borrowers represent just 23.1% of the pool, and liquid reserves were $858,428 compared with 21.9% and $1 million.
9h ago -
This series of CarMax Select Receivables notes is offering 8.42% in excess spread, a reduction from 9.85% on the CMXS 2026-A notes.
June 5 -
The senior notes will repay investors pro rata, and the mezzanine and subordinate notes will repay sequentially.
June 5 - AB - Policy & Regulation
Members of the House Financial Services Committee pressed prudential bank and credit union regulators about the potential risks of bank lending to private credit firms in a hearing Thursday.
June 4 -
More than half of consumers worry about money daily, despite improved budgeting habits and, according to a Ramsey Solutions survey, declining mortgage concerns.
June 4







