Morgan Stanley has just struck the largest deal made by a global bank since the 2008 financial crisis. Pending regulatory approval, the Wall Street veteran is to acquire trading platform E-Trade for $13 billion in a bid to capture the “everyday investor” market. The move will bring E-Trade’s 5.2 million clients onto Morgan Stanley‘s books, along with its $360 billion in assets.

BING NEWS:
  • Morgan Stanley
    Wall Street mainstay Morgan Stanley is looking to tap retail investors, having struck the largest deal by a global bank since ...
    02/21/2020 - 3:10 am | View Link
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BING SEARCH:
  • Morgan Stanley's Gorman charts ambitious course with $13 ...
    (Reuters) - Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the...
    04/3/2020 - 2:35 am | View Website
  • Morgan Stanley to buy E*Trade in biggest takeover by a US ...
    Morgan Stanley is buying E*Trade in a $13 billion deal that will become the biggest takeover by a US bank since the 2008 financial crash, it was announced Thursday.
    04/3/2020 - 1:44 am | View Website
  • Morgan Stanley to buy E*Trade for $13B in largest bank ...
    Morgan Stanley is acquiring brokerage firm E*Trade in an all-stock transaction valued at around $13 billion, the two companies announced  Thursday. The deal, expected to close in the fourth quarter of 2020, is the largest deal by a major Wall Street bank since the 2007-08 financial crisis.
    04/1/2020 - 11:51 pm | View Website
  • Morgan Stanley buys E-Trade in $13 billion deal
    Morgan Stanley is acquiring E-Trade in a $13 billion, all-stock deal that brings more consolidation to the brokerage world and gives the investment bank to the rich a foothold with a more...
    04/1/2020 - 8:45 pm | View Website
  • Morgan Stanley’s $13B E-Trade buyout is the biggest bank ...
    David Canellis Morgan Stanley has just struck the largest deal made by a global bank since the 2008 financial crisis. Pending regulatory approval, the Wall Street veteran is to acquire trading...
    04/1/2020 - 8:38 pm | View Website
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