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Oppenheimer Appoints Vien Le As Managing Director

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Oppenheimer (NYSE: OPY) appointed Vien Le as Managing Director in its Public Finance Investment Banking Group, effective Feb. 25, 2026. Le will be based in Los Angeles and report to Beth Coolidge, Head of Public Finance.

Le brings 20+ years of municipal finance experience, will focus on California and support clients across the West, and previously served at Stern Brothers, UBS and other firms.

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Positive

  • Hires Vien Le with 20+ years municipal finance experience
  • Strengthens West Coast presence with Los Angeles–based leader
  • Adds issuer relationships with California state and major municipal clients

Negative

  • None.

News Market Reaction – OPY

+3.69%
1 alert
+3.69% News Effect

On the day this news was published, OPY gained 3.69%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Reality Check

Price: $89.57 Vol: Volume 72,022 vs. 20-day ...
normal vol
$89.57 Last Close
Volume Volume 72,022 vs. 20-day average 61,277 (relative volume 1.18x). normal
Technical Price at $86.38, trading above 200-day MA of $71.69 and 8.2% below 52-week high $94.10.

Peers on Argus

OPY slipped 0.16% with modestly elevated volume, while listed peers (e.g., HIVE,...
1 Up

OPY slipped 0.16% with modestly elevated volume, while listed peers (e.g., HIVE, FUFU, BTBT) showed positive moves, and momentum scanner only flagged BITF up 1.36%. This points to a stock-specific day rather than a coordinated sector move.

Historical Context

5 past events · Latest: 2026-01-30 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
2026-01-30 Earnings release Positive +10.3% Record Q4 and FY 2025 results with strong revenue and net income.
2025-12-12 Special dividend Positive +0.7% Declared $1.00 per share special dividend funded from existing cash.
2025-12-08 Senior hire Positive +0.2% Added biotech research MD to strengthen healthcare and genetic medicines coverage.
2025-11-17 Leadership change Positive -4.1% Appointed new Head of Cash Equity Sales and Trading to expand equities platform.
2025-10-31 Earnings release Neutral +0.7% Q3 2025 revenue grew while net income and EPS declined on higher expenses.
Pattern Detected

Earnings and capital return headlines have drawn clearer positive reactions, while leadership hires have produced mixed, generally smaller moves.

Recent Company History

Over the last several months, Oppenheimer reported strong results, including record Q4 and full-year 2025 earnings with revenue of $472.6M in Q4 and $1.64B for FY-2025, alongside special dividends of $1.00 per share. Earlier, Q3 2025 revenue rose to $424.4M even as net income eased. The firm has complemented financial performance with strategic senior hires in equities, biotech research, and now public finance, signaling continued investment in its capital markets and advisory franchises.

Market Pulse Summary

This announcement highlights Oppenheimer’s continued build-out of its platform through targeted seni...
Analysis

This announcement highlights Oppenheimer’s continued build-out of its platform through targeted senior hiring in public finance, following earlier additions in equities and biotech research. The new Managing Director brings over two decades of municipal finance experience focused on Western U.S. issuers. In context of recent record 2025 earnings and special dividends, investors may monitor future public finance deal activity, overall advisory revenue trends, and how leadership additions integrate into the broader capital markets strategy.

Key Terms

municipal finance
1 terms
municipal finance financial
"more than two decades of municipal finance experience advising public-sector clients"
Municipal finance is how cities, counties and other local governments raise and manage money—through taxes, budgets and borrowing such as municipal bonds—to pay for roads, schools, utilities and other public services. For investors, it matters because municipal borrowing decisions and credit quality affect the safety, yield and tax treatment of municipal bonds; think of it like a household managing income, savings and loans but on a community scale.

AI-generated analysis. Not financial advice.

Seasoned municipal finance leader joins the firm's Public Finance Investment Banking Group and will be based in Los Angeles

NEW YORK, Feb. 25, 2026 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer), a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY), today announced it has hired Vien Le as Managing Director in the firm's Public Finance Investment Banking Group. Le will be based in Oppenheimer's Los Angeles office and will report to Beth Coolidge, Managing Director and Head of Public Finance.

Vien Le joins Oppenheimer with more than two decades of municipal finance experience advising public-sector clients on complex financings across a range of infrastructure sectors. Based in Los Angeles, he will focus on California while also supporting clients across the West, including Oregon and Washington. He has previously worked with issuers such as the Los Angeles Department of Water and Power, the State of California, and the City of Los Angeles.

"Vien is a high-caliber addition to our public finance team and a strong fit for how we serve clients," Coolidge said. "His experience, relationships, and practical understanding of issuer priorities will help us expand our capabilities and continue building momentum in the West."

Le most recently served as a Managing Director at Stern Brothers. His career also includes public finance roles at UBS, Loop Capital Markets, Ramirez & Co., and Cabrera Capital Markets.

"I'm excited to join Oppenheimer," Le said. "The firm has built a platform that is well positioned for growth, and I look forward to working with Beth and the team to support issuers with thoughtful financing strategies tied to long-term community needs."

Earlier in his career, Le worked as a researcher in the Cardiology Division at the UCLA Medical School. He has a BA in History from the University of California, Los Angeles, and serves on the boards of Bienestar is Wellbeing and The Shower of Hope.

Coolidge continued: "Our public finance business continues to grow because we stay focused on talent, leadership, and client service. Vien's experience and relationships will add real depth as we build on that momentum across the West Coast."

About Oppenheimer Holdings Inc.
Oppenheimer Holdings Inc., through its Oppenheimer & Co. Inc. subsidiary, and related entities, provides a full range of wealth management, securities brokerage, and investment banking services to high-net-worth individuals, families, corporate executives, businesses, and institutions. For more information, please visit www.oppenheimer.com.

Media Contact:
Michael Dugan
Haven Tower Group LLC
424 317 4852
mdugan@haventower.com

Cision View original content:https://www.prnewswire.com/news-releases/oppenheimer-appoints-vien-le-as-managing-director-302696426.html

SOURCE Oppenheimer & Co. Inc.

FAQ

Who is Vien Le and what role did Oppenheimer (OPY) announce on February 25, 2026?

Vien Le was appointed Managing Director in Public Finance at Oppenheimer. According to Oppenheimer, he will be based in Los Angeles and report to Beth Coolidge, Head of Public Finance, focusing on California and supporting Western U.S. issuer clients.

What experience does Vien Le bring to Oppenheimer (OPY) and which issuers has he advised?

Le brings more than 20 years of municipal finance experience. According to Oppenheimer, he has advised issuers including the Los Angeles Department of Water and Power, the State of California, and the City of Los Angeles.

How will Vien Le's appointment affect Oppenheimer's public finance footprint in the West (OPY)?

The hire is intended to expand Oppenheimer's capabilities across the West. According to Oppenheimer, Le will focus on California while supporting clients in Oregon and Washington to build momentum in the region.

To whom will Vien Le report at Oppenheimer (OPY) and where will he be located?

Vien Le will report to Beth Coolidge, Managing Director and Head of Public Finance. According to Oppenheimer, he will be based in the firm's Los Angeles office to serve regional public-sector clients.

What is Vien Le's prior employer history mentioned in the Oppenheimer (OPY) announcement?

Le most recently served as Managing Director at Stern Brothers and previously held public finance roles at UBS, Loop Capital Markets, Ramirez & Co., and Cabrera Capital Markets, according to Oppenheimer.

Does Vien Le have ties to the Los Angeles community and any nonprofit boards as noted by Oppenheimer (OPY)?

Yes. According to Oppenheimer, earlier in his career Le worked at UCLA Medical School and currently serves on the boards of Bienestar is Wellbeing and The Shower of Hope, reflecting community engagement.
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