“I am very pleased to have the opportunity to continue expanding our Investment Banking practice,” said Marc Thompson. “We offer our middle market clients a complete array of products and services and we look forward to assisting them achieve their growth objectives.”“I have been extremely fortunate to be able to have a 25 year career at Oppenheimer and its predecessor companies and I am delighted to pass the baton to two very talented professionals and leaders. I know they will continue to build on the success of our Firm. It has been a pleasure to be associated with so many gifted and dedicated colleagues,” said Marshall Heinberg. In keeping with its growth strategy, Oppenheimer will continue to identify and add senior individuals and coverage sectors to its broad investment banking platform. Recent senior additions to the Investment Banking group include Craig Krinbring who joined the firm as Managing Director in the Technology Group, Paul Vasilopoulos who joined as Managing Director – Head of Telecom, and Richard NeJame who joined as Managing Director – Head of Restructuring and Special Situations Advisory. Additionally, today, Oppenheimer and RBS Citizens announced that they have entered into a formal referral agreement, making it easier for the middle market clients of each institution to develop financial strategies that encompass both commercial and investment banking products and services. Mr. McCarthy and Mr. Thompson believe the new collaborative agreement combines the relationship and commercial banking strengths of RBS Citizens with the financial advisory and equities strengths of Oppenheimer, creating a powerful advantage for the clients of both firms. Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), provides a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions.
Certain statements in this release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the Company’s filings with the Securities and Exchange Commission.