On January 14, 2008, Oppenheimer took an important step in our ongoing strategy to deliver a broader and deeper range of solutions to our clients. This was accomplished through the important acquisition of CIBC's U.S. Capital Markets business - including its U.S. investment banking, equity capital markets and debt capital markets groups. Oppenheimer also acquired related businesses in the U.K., Asia and Israel.

The close of the acquisition reaffirmed our ongoing commitment to providing clients with a more complete offering, including original ideas, unique insights and innovative solutions. As the firm continues to integrate its capabilities, we will remain deeply focused on enhancing this commitment and providing exceptional client value.


 
Among the capabilities Oppenheimer's Capital Markets business brings to our valued clients are:
• Original ideas and valued advice from skilled professionals with deep industry insight and market expertise
• A broad set of solutions for a focused group of industries and superior client service




Oppenheimer's Investment Banking professionals are committed to providing strategic advisory services and access to capital for emerging growth and mid-sized businesses.


• Long-term client relationships
  based on a deep understanding
  of the marketplace and senior
  management attention and
  commitment
• Diverse industry expertise
   • Consumer and Business
     Services
   • Energy
   • Financial Institutions
   • Healthcare
   • Industrial Growth and Services
   • Media and Entertainment
   • Technology and Telecom
   • Financial Sponsors



Oppenheimer's Equity Capital Markets professionals are dedicated to serving the needs of emerging growth and mid-sized businesses and their investors with innovative ideas, proven origination and trade execution capabilities.

• Leading underwriter of a wide range of
  equity transactions for small and mid-
  sized businesses
• Strong distribution through high-net-
  worth and institutional sales
  professionals
• Thought-provoking insight and research
  on more than 600 companies from over
  34 senior analysts
• Experienced market maker with
  comprehensive trading capabilities



Oppenheimer's Debt Capital Markets professionals are focused on serving the needs of emerging growth companies and sophisticated investors with insight, deep structuring expertise and trade execution capabilities.

• Experienced high-yield and leveraged
  loan underwriter
• Broad distribution through high-net-
  worth and institutional sales
  professionals
• Timely and actionable analysis of
  high-yield securities
• Comprehensive trading capabilities