Express

Morgan Stanley Is Acquiring Discount Broker E*Trade For $13B

Ramsey Baker

Summary: Morgan Stanley, the investment banking giant, is buying discount broker E*Trade Financial Corporation for $13 billion. According to a report from The Wall Street Journal, the all-stock deal is set to be announced today. This will reportedly be the biggest takeover by a giant U.S. bank since the 2008 crisis. Notably, E*Trade is a crypto-friendly ...

Morgan Stanley, the investment banking giant, is buying discount broker E*Trade Financial Corporation for $13 billion.

According to a report from The Wall Street Journal, the all-stock deal is set to be announced today. This will reportedly be the biggest takeover by a giant U.S. bank since the 2008 crisis. Notably, E*Trade is a crypto-friendly brokerage and was said to be getting ready to offer trading in bitcoin (BTC) and ether (ETH), but there has yet to be an official announcement.

By Ramsey Baker

Last Update:

Tags: ,,
Link: Morgan Stanley Is Acquiring Discount Broker E*Trade For $13B   [Copy]
Next:

Related Articles

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 6 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 7 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 14 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025

    • You need to login to comment.