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Morgan Stanley to buy discount brokerage E*Trade Financial

Last Updated 01 October 2020, 03:39 IST

Morgan Stanley has received approval from the Federal Reserve to acquire discount brokerage E*Trade Financial Corp, the US bank said on Wednesday.

Morgan Stanley and E*TRADE expect to complete the deal on October 2, the bank said.

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(Published 01 October 2020, 03:24 IST)

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