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Prudential-Bache Securities : ウィキペディア英語版
Prudential Securities

Prudential Securities, also formerly known as Prudential Securities Incorporated (PSI), was the financial services arm of the insurer, Prudential Financial. In 2003, Prudential Securities was merged into Wachovia Securities, a division of Wachovia Bank.〔(Prudential, Wachovia Complete Corporate Merger ) The State Journal, July 18, 2003〕
==History==
Prudential Securities traces its origins to the founding of the Leopold Cahn & Co. brokerage and investment bank in 1879. In 1891, the firm was reorganized as J.S. Bache & Co. after Jules Bache was brought into the partnership.
In 1974, Bache merged with Halsey, Stuart & Co., a Chicago-based investment bank founded in 1911. In 1952, Halsey, Stuart made headlines when its managing partner, Harold L. Stuart, testified before the U.S. Supreme Court for the government's antitrust case against Morgan Stanley and 16 other major investment banks. The fact that Halsey, Stuart was a significant investment banking firm, at the top of the IPO league tables in 1951 led some observers to suspect that they had provoked the government's antitrust suit.〔Time Magazine, ''Nothing Short of Criminal,'' Mar. 17, 1952.〕〔Ron Chernow, ''The House of Morgan'', (Touchstone Books, 1990), pp. 502-503.〕
In 1981, the company (then called Bache Halsey Stuart Shields) was acquired by Prudential Financial and renamed Prudential-Bache Securities. Prudential dropped the usage of the Bache name in 1991, renaming the division Prudential Securities.
In 1989, the firm acquired Thomson McKinnon 〔(Thomson McKinnon Said to Be in Sale Talks ). New York Times, June 9, 1989〕 a top 20 brokerage and investment banking firm.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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