Fidelity Investments Buys California Accounts: The firm...
From Times Staff and Wire Reports
Fidelity Investments Buys California Accounts: The firm that calls itself the nation’s largest privately held mutual fund and discount brokerage firm acquired more than 25,000 brokerage accounts from First Interstate Discount Brokerage, a unit of First Interstate Bancorp of Texas. The deal, effective Sept. 17, includes accounts in Arizona, Oregon, Idaho, Washington and Texas.