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Home » Morgan Stanley CEO Gorman Calls E*Trade Deal a 'No-Brainer' e*trade financial

Morgan Stanley CEO Gorman Calls E*Trade Deal a 'No-Brainer' e*trade financial



Feb.20 — Morgan Stanley Chairman and Chief Executive Officer James Gorman comments on the company’s agreement to buy E*Trade Financial Corp. for $13 billion. He speaks with Bloomberg’s Sonali Basak on “Blooomberg Markets: European Close.” .

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Morgan Stanley CEO Gorman Calls E*Trade Deal a 'No-Brainer'

Morgan Stanley CEO Gorman Calls E*Trade Deal a 'No-Brainer'

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Morgan Stanley CEO Gorman Calls E*Trade Deal a 'No-Brainer'
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8 thoughts on “Morgan Stanley CEO Gorman Calls E*Trade Deal a 'No-Brainer' e*trade financial”

  1. 'Customer delight,' the way to succeed and grow exponentially. 
    GS just captured a huge source of low cost funding. Revenue and margins expanding. 
    No wonder E-Trade shareholders were fine with just stock swap.

  2. Overpaid for an underwhelming company. E*TRADE makes no real money. It now gives free trades and it makes nothing from advisory services. Big swing and a miss.

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