Calyon Sues Mizuho, Ex-Staffers, For Damages

Pyburn, Allison
March 2007
Bank Loan Report;3/26/2007, Vol. 22 Issue 12, p4
Trade Publication
The article reports that Calyon SA, a unit of French bank Credit Agricole SA, is in the midst of suing Mizuho Securities USA and several of its top collateralized debt obligations (CDO) bankers for alleged damages to the company. Calyon lost most of its U.S. CDO team, led by Alexander Rekeda in December, 2006. The loss of its CDO team, Calyon shifted employees from its London, England office to compensate for missing staff members.


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