Alexander Rekeda joined Guggenheim Capital Markets as managing director and head of CDOs, effective last Monday. Rekeda was previously head of structured credit, for the 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 had all left Calyon for positions at Mizuho only one year earlier. Rekeda had built up the cash CDO business at Calyon, where he had been since July 2004.
The COO and President of Countrywide Securities Corp., Grant Couch, is said to be retiring from the firm.