Morgan Stanley to buy online brokerage E-Trade for $13B
Investment bank Morgan Stanley announced it would buy the online brokerage E-Trade for roughly $13 billion, one of the biggest deals on Wall Street since the financial crisis.
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E-Trade
Online stock trading is free now. What does that mean for E-Trade and Charles Schwab?
There is no such thing as a “discount broker” anymore. In the span of just a few days last week, nearly every major online brokerage company eliminated commissions. It’s now essentially free to trade.
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