Money Matters: Morgan Stanley buys E-Trade for $13 billion
Wall Street giant Morgan Stanley is buying online broker E-trade for $13 billion.
News 12 Staff
•
Feb 20, 2020, 6:15 PM
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Updated 1,525 days ago
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1,518ds agoWall Street giant Morgan Stanley is buying online broker E-trade for $13 billion.
Meanwhile, Morgan Stanley's stock price dropped more than five percent.
The deal comes months after E-trade competitors Charles Schwab and T-D Ameritrade announced their $26 billion merger.
