Wall Street broker Oppenheimer & Co. agreed on Tuesday to pay $20 million in penalties after parallel federal probes found its procedures to detect money laundering seriously lacking.
As a leading national investment boutique, Oppenheimer & Co. Inc., is dedicated to providing independent financial advice, a full spectrum of traditional and nontraditional products and solutions and responsive client service to individuals, families, corporate executives, business and institutions.
Oppenheimer Europe has announced the appointment of Lance Heatley as Managing Director, Head of Fixed Income Trading.
The Securities and Exchange Commission has announced that a former Oppenheimer & Co. portfolio manager has agreed to be barred from the securities industry and pay a $100,000 penalty for making misrepresentations about the valuation of a fund consisting of other private equity funds.
OppenheimerFunds has announced that Arthur P. Steinmetz will be appointed Chief Executive Officer effective July 1st, 2014.
David Sirianni, Oppenheimer's head municipal bond trader, was fined $100,000 and suspended for 60 days by the Financial Industry Regulatory Authority for overcharging customers.
Oppenheimer & Co has announced that John Phillips has joined the firm as Managing Director in the Investment Banking Division’s Consumer and Business Services Group.
The former manager allegedly misled investors over valuation and performance.
Oppenheimer Asset Management has announced that Tim Pynchon has joined the Firm as Managing Director – Portfolio Manager for High Yield Tax Exempt Funds.
Oppenheimer & Co. has announced the continued expansion of its Global Emerging Markets (EM) Fixed Income business.
Oppenheimer has announced the addition of several senior hires, including two recent additions in the Investment Banking Division.