Utah's First Security Buys Van Kasper

First Security Corp. of Salt Lake City said it has completed its acquisition of Van Kasper & Co., a San Francisco brokerage firm.

First Security, which has $22 billion in assets, said in September that it would pay $100 million in cash and stock for Van Kasper. The deal closed Friday.

Van Kasper will be renamed First Security Van Kasper. It has received approval from the Federal Reserve Board to underwrite and deal in corporate debt and equity securities.

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