Morgan Stanley delivers strong Q4 and record 2020 results
Morgan Stanley reported Institutional Securities net revenues of $7 billion, sharply up from $5.1 billion a year ago.
Morgan Stanley reported Institutional Securities net revenues of $7 billion, sharply up from $5.1 billion a year ago.
A Russian hacker who targeted J.P. Morgan Chase Bank, E*Trade, Scottrade, and the Wall Street Journal gets 12-year prison term.
The all-stock transaction valued E*Trade at the time of the deal at $11.06 billion.
E*Trade facilitated its highest derivative volume day of all time in September, achieving a record 433,000 derivative DARTs on September 4.
Overall, E*Trade found that over half of young investors indicate they are trading more frequently since the outbreak.
E*Trade noted that trading volume has increased so far in August, with DARTs of 1,084,000 through August 12, 2020.
The all-share transaction will see E*Trade shareholders receive 1.0432 shares of Morgan Stanley common stock for each ETFC share.
E*TRADE is in process of being acquired by investment banking firm Morgan Stanley for about $11 billion.