FORT LAUDERDALE, Fla. -- Meridian Capital Markets Inc. said it had closed its New York office and moved several of its securities units, including the asset securitization group, to Fort Lauderdale.

The company said it also plans to open a retail brokerage operation in Fort Lauderdale.

Meridian is the brokerage division of Meridian Bank, principal subsidiary of Meridian Bancorp, Reading, Pa.

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