Morgan Stanley to Buy E-Trade for $13 Billion

MGAs insurance companies

Morgan Stanley is buying E*Trade Financial Corp., a $13 billion deal that will reshape the storied investment bank and firmly stake its future on managing money for regular people. The all-stock takeover, announced Thursday, will combine a Wall Street firm in the late innings of a decadelong turnaround with a discount broker built on the… Continue reading Morgan Stanley to Buy E-Trade for $13 Billion