Still, it's the more mundane details such as due diligence in hiring that could choke Oppenheimer and Morgan Stanley if regulators extend their investigations, lawyers said.
*Carlyle picks up finance veteran as its profit rises. NEW YORK, March 25- Private equity firm Carlyle Group LP poached one of Jamie Dimon's closest aides, Michael Cavanagh, from JPMorgan Chase& Co on Tuesday, in a surprise hire that reflects both the increasing prominence of so-called shadow banking and the regulatory challenges faced by banks.
March 21- Tiffany& Co forecast more sales growth this year amid signs that the jeweler's business in its home U.S. market is finally perking up.
March 19- A Morgan Stanley stockbroker and a clerk at a prestigious New York law firm were charged with insider trading in corporate mergers, in an alleged four-year scheme involving a middleman who would chew up napkins on which he passed illegal tips.
March 14- Women's apparel retailer Ann Inc's quarterly profit topped analysts' estimates again as shoppers snapped up the trendy merchandise sold at its Loft chain, sending its shares up more than 7 percent.
The Friday jobs report is seen by some traders as make or break for the Fed's decision later this month on whether to taper back its $85 billion monthly bond purchases.
A bigger-than-expected drop in durable goods orders sparked new worries about manufacturing, causing speculation the Fed may reduce its tapering plan.
Forget about iPhone sales, because there's a much more important indicator of where Apple will go. And right now, it's flashing a serious buy signal.
Stick with what works, Oppenheimer's John Stoltzfus says.
"It's just not fair" how investors are treating Apple, CNBC's Jim Cramer said Thursday.
NEW YORK-- Oppenheimer Holdings Inc. reported Friday that its third-quarter net income rose 10 percent, as lower expenses helped make the best of flat revenue. Albert Lowenthal, CEO of the New York investment firm, said that while the economy remains uncertain, the U.S. equity markets have continued to perform remarkably well.
The best way to get exposure to emerging markets may be to invest in the affiliates of multinational corporations that are listed on local exchanges, a new study suggests.
Wall Street is losing confidence in online recruiter Monster Worldwide, as the company struggles to find its footing in the rapidly changing market.
We looked at 12 of the biggest Wall Street firms to see what made them decide to stay or leave. In some cases, the firms responded with a statement about how 9/11 has affected them.
The Bank of Nova Scotia is sometimes praised for having a nearly perfect record with its investments in the United States. But it is the only one of Canada’s five large banks that has largely avoided the American market, the New York Times reports.
Considering the string of recent upgrades, should you turn bullish now to get ahead of the curve?
The senior lenders to Chrysler are planning to make a counteroffer to the Treasury Department this week, pushing back on a debt-reduction plan they say is too coercive.
Meredith Whitney is leaving Oppenheimer to start her own firm, the Meredith Whitney Advisory Group.
Merrill Lynch and UBS may lose money this quarter and suffer writedowns of $6 billion and $11.1 billion, respectively, as credit problems worsen, Oppenheimer analyst Meredith Whitney said.
Wachovia's $6.8 billion agreement to buy A.G. Edwards is likely to spur more acquisitions of independent brokerage firms, analysts say. The reason: banks are trying to bulk up on brokerage services, while traditional outfits like Edwards are dwindling in number and losing clients to cheaper online competitors.