Tech Bytes: National Discount Brokers Closing Offices

National Discount Brokers is consolidating its operations here and closing offices in Los Angeles, Chicago, Dallas, and West Palm Beach, Fla.

The company, which has more than 106,000 customers, with total assets valued in excess of $5 billion, is placing a heavier emphasis on electronic services.

It offers on-line services through its Web site and also provides trading by touch-tone telephone.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER