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Morgan Stanley Dives Deeper Into Retail With E*Trade Deal

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WealthManagment.com Daily Memo

FEBRUARY 20, 2020

Morgan Stanley Dives Deeper Into Retail With E*Trade Deal

Sridhar Natarajan (Bloomberg)

The all-stock takeover adds E*Trade’s $360 billion of client assets to Morgan Stanley’s $2.7 trillion, in the biggest acquisition by a Wall Street firm since the financial crisis.

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