Rochdale Treading Thin Ice as 'White Knight' Yet to Appear

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Go back to Rochdale Treading Thin Ice as 'White Knight' Yet to Appear

Dick Bove May Jump Ship from Rochdale as 'White Knight' Remains Absent

December 3, 2012 9:46 AM EST

Beleaguered securities firm Rochdale is on the brink of losing its brightest star.

Reports out Monday have analyst Dick Bove, Senior Vice President of Equity Research at Rochdale Securities, being courted by competing firms as Rochdale works out how to stay afloat following $1 billion of unauthorized trades last... More

Rochdale Said to Lose Three More Traders, According to FINRA Records

November 28, 2012 1:20 PM EST

According to FINRA records, Rochdale Securities is bleeding more traders. Equity traders Richard Bennett, Keith Arnott, and Barry Kaplan have left the firm, records show.

Rochdale has been looking for aid since $1 billion of Apple trades went awry just a few weeks ago. Noted analyst DIck Bove... More

Rochdale Said to Lose Three More Traders, According to FINRA Records

November 28, 2012 1:20 PM EST

According to FINRA records, Rochdale Securities is bleeding more traders. Equity traders Richard Bennett, Keith Arnott, and Barry Kaplan have left the firm, records show.

Rochdale has been looking for aid since $1 billion of Apple trades went awry just a few weeks ago. Noted analyst DIck Bove... More