Markets

Morgan Stanley to buy online-brokerage giant E*Trade for $13 billion

Morgan Stanely agreed on Thursday to acquire online brokerage E*Trade for $US13 billion in an all-stock transaction. The takeover will help Morgan Stanley offer self-service and workplace services to clients, the company said in a statement. The $US360 billion of client assets currently held by E*Trade will be added to […]
Morgan Stanley to buy online-brokerage giant E*Trade for $13 billion