Wachovia retention deals may not keep brokers
Wachovia Securities LLC may face challenges in retaining all the brokers it wants to, in the wake of its announced merger with A.G. Edwards Inc. of St. Louis.
IRVINE, Calif. — Wachovia Securities LLC may face challenges in retaining all the brokers it wants to, in the wake of its announced merger with A.G. Edwards Inc. of St. Louis.
Both firms announced retention deals June 15, but some brokers say they are disappointed with the offers.
The packag
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