Prudential Securities

Prudential Securities
FormerlyPrudential Securities Incorporated
Company typeSubsidiary
IndustryInvestment banking
PredecessorBache & Co., Prudential-Bache Securities
Founded1981 (1981)
Defunct2003 (2003)
FateAcquired by Wachovia Corporation to form Wachovia Securities
SuccessorWachovia Securities and Jefferies Bache
Headquarters,
ProductsFinancial services
ParentPrudential Financial

Prudential Securities, formerly known as Prudential Securities Incorporated (PSI), was an American financial services arm of the insurer, Prudential Financial. In 2003, Prudential Securities was merged into Wachovia Securities, a division of Wachovia Bank.[1]

  1. ^ Prudential, Wachovia Complete Corporate Merger The State Journal, July 18, 2003