Overseas acquirers find profits on Wall Street a foreign country
Purchasing a U.S. investment bank is far from a sure thing for offshore banks.
Michael S. Rulle's game plan for this year is quite simple.
"We're going to make money," says Mr. Rulle, chief executive of CIBC Oppenheimer Corp.
Making money on Wall Street has turned out to be very hard for Canadian Imperial Bank of Commerce and other foreign banks that bought securities firms
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