Morgan Stanley Buys E*Trade In $13B Deal, Broker Was Looking to Offer Crypto Trading


Morgan Stanley confirmed Thursday that the investment banking giant is buying E*Trade Financial Corp. in a $13 billion deal, reported the Wall Street Journal. This deal marks the biggest takeover by a major US bank since the 2008 crisis. E*Trade shares jumped 25% before being halted premarket for the news while Morgan Stanley shares fell […] read more