Guggenheim Said to Hire Hall, Guido to Sell High-Yield Debt

Guggenheim Partners LLC hired Andrew Hall and Anthony Guido from Jefferies Group LLC to sell high-yield debt.

The salesmen, who are managing directors, report to Andrew Schwartz, head of global credit, said a person with knowledge of the matter who asked not to be identified because the moves haven’t been announced. They started last week at the New York-based bank, according to Financial Industry Regulatory Authority records.

Hall, 49, who had been at Jefferies for about 10 years, confirmed his departure and declined to comment further. Guido, 47, didn’t immediately respond to a phone message seeking comment.

Guggenheim, which is seeking to bulk up its high-yield trading business under Schwartz, also hired Michael Dowdell, 41, as a director to trade high-yield securities, the person said. Dowdell, who was previously at a unit of Nomura Holdings Inc., started late last month, Finra records show. Dowdell didn’t immediately respond to a phone message seeking comment.

Jefferies lost Brian Zucker, a high-yield trader, to Bank of America Corp., people with knowledge of that move said last month. Stephen Sander, a former managing director of high-yield sales, also left the firm, the people said.

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