Formerly | Prudential Securities Incorporated |
---|---|
Company type | Subsidiary |
Industry | Investment banking |
Predecessor | Bache & Co., Prudential-Bache Securities |
Founded | 1981 |
Defunct | 2003 |
Fate | Acquired by Wachovia Corporation to form Wachovia Securities |
Successor | Wachovia Securities and Jefferies Bache |
Headquarters | , |
Products | Financial services |
Parent | Prudential 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]