Morgan Stanley-E-Trade integration on track amid pandemic - Business Insider

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Morgan Stanley's E-Trade deal is pushing ahead during the market turmoil. Here's a look at who's set to lead the charge inside.

from the investment bank's longtime reputation for catering to big corporations and the ultra-wealthy, underlining Wall Street's increasing meshing with Main Street customers.

"E-Trade will hold the shareholder vote this summer, and we remain on track to close the transaction in the fourth quarter," Morgan Stanley finance chief Jon Pruzan said last Thursday on a call with analysts to discussThe two firms have received the green light from the Department of Justice's anti-trust division, according to a late March BloombergLate last week, Morgan Stanley released a filing with fresh details about the merger's background, describing when the firms'...

They met one week later, this time in person, and Gorman "expressed an interest in having discussions" about the possibility of such an arrangement. The official announcement would come roughly eight weeks later; the two companies were code-named "Moon" and "Eagle.

 

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