KM Financial Solutions | UPDATE 5-Morgan Stanley’s Gorman charts ambitious course with $13 bln E*Trade deal
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UPDATE 5-Morgan Stanley’s Gorman charts ambitious course with $13 bln E*Trade deal

UPDATE 5-Morgan Stanley’s Gorman charts ambitious course with $13 bln E*Trade deal

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 2008-2009 financial crisis.

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