An ETrade Financial office in Chicago, Illinois. Morgan Stanley has made a $13bn bid for the discount brokerage firm, which was seen as a likely acquisition target following the merger between competitors Charles Schwab and TD Ameritrade last month amid a price war in the industry. AFP
An ETrade Financial office in Chicago, Illinois. Morgan Stanley has made a $13bn bid for the discount brokerage firm, which was seen as a likely acquisition target following the merger between competiShow more

Markets

Morgan Stanley agrees to buy discount broker E*Trade for $13bn

The all-share deal takes Morgan Stanley's assets under management to $2.7 trillion

Bloomberg

February 20, 2020

Energy This Week

Expert analysis on oil & gas renewables and clean energy

      By signing up, I agree to The National's privacy policy
      Energy This Week