Svoboda | Graniru | BBC Russia | Golosameriki | Facebook

To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

How to transfigure the Wikipedia

Would you like Wikipedia to always look as professional and up-to-date? We have created a browser extension. It will enhance any encyclopedic page you visit with the magic of the WIKI 2 technology.

Try it — you can delete it anytime.

Install in 5 seconds
4,5
Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.
Great Wikipedia has got greater.
.
Leo
Newton
Brights
Milds

E-Trade

From Wikipedia, the free encyclopedia

This article is about the financial services company. For electronic trading, see Electronic trading platform. For East Trade Street in Charlotte, North Carolina, see Trade Street.
E*TRADE from Morgan Stanley
Company typeSubsidiary
Nasdaq: ETFC
IndustryFinancial services
Founded1982; 42 years ago (1982)
Palo Alto, California, U.S.
Founders
HeadquartersArlington, Virginia, U.S.[1]
Key people
Rodger Lawson, Chairman
Mike Pizzi, CEO
Services
ParentMorgan Stanley
Websiteetrade.com
E-Trade Financial Center, San Francisco

E*TRADE from Morgan Stanley,[2] a subsidiary of Morgan Stanley, offers an electronic trading platform to trade financial assets.

YouTube Encyclopedic

  • 1/5
    Views:
    317 640
    37 001
    39 450
    26 291
    125 130
  • How to Buy and Sell Stock on E-Trade
  • How to Open an E*TRADE Account (Step by Step for Beginners)
  • Robinhood vs Etrade - What You Need to Know!
  • 📚E *TRADE Como usar la Plataforma de ETRADE | Guía Completa de Etrade
  • How to use E*TRADE for Day Trading

Transcription

History

E-Trade logo from February 3, 2008 to December 31, 2021.

In 1982, physicist William A. Porter and Bernard A. Newcomb founded TradePlus in Palo Alto, California, with $15,000 in capital. In 1983, it launched its first trade via a Compuserve network. In 1992, Porter and Newcomb founded E-Trade and made electronic trading available to individual investors.[3]

On August 16, 1996, the company became a public company via an initial public offering.[4]

In October 2020, the company was acquired by Morgan Stanley.[5][6][7]

Management history

In November 2007, Mitch Caplan resigned as CEO and Citadel LLC received a seat on the board of directors of the company after Citadel invested $2.5 billion in the company to bolster its finances after it suffered losses due to the bursting of the 2000s United States housing bubble.[8][9][10]

In March 2008, E-Trade named Donald Layton, formerly JPMorgan Chase vice chairman, its new CEO. Layton had joined E-Trade's board of directors in November 2007, at the same time as the Citadel LLC deal.[11][12][13]

In December 2009, Robert Druskin, a former chief operating officer of Citigroup, was named interim CEO and chairman.[14]

On March 22, 2010, Steven Freiberg was named CEO. Freiberg was the former co-CEO of Citigroup's global consumer group and the former head of its credit card unit.[15][16]

On January 17, 2013, Paul T. Idzik was appointed CEO. Idzik had previously been group chief executive of DTZ and also served ten years at Barclays bank.[17]

In September 2016, Karl A. Roessner, E-Trade's general counsel since 2009, was appointed CEO.[18]

On August 14, 2019, Michael Pizzi was appointed CEO.[19]

Acquisitions and divestitures

Date Acquisition / Divestiture Company Ref(s).
January 2000 Acquisition Telebanc [20][21][22]
May 2001 Acquisition Web Street Securities [23][24][25]
August 2005 Acquisition Harrisdirect [26][27][28]
October 2005 Acquisition Brown & Company [29][30][31]
July 2007 Divesture Australian division [32][33][34][35]
September 2008 Divestiture Canadian division [36][37]
September 2016 Acquisition OptionsHouse [18][38][39]
April 2018 Acquisition Trust Company of America [40]
December 2019 Acquisition Gradifi [41][42]

See also

References

  1. ^ "Contact Us | E*TRADE". about.etrade.com. Retrieved 30 December 2022.
  2. ^ "E*TRADE".
  3. ^ "Sidebar: A Brief History of ETrade". Computerworld. September 27, 2004.
  4. ^ "E*Trade hits Wall Street". CNET. August 16, 1996.
  5. ^ Manskar, Noah (October 2, 2020). "Morgan Stanley officially closes all-stock E*Trade takeover deal". New York Post.
  6. ^ Hoffman, Liz (October 8, 2020). "Morgan Stanley to Buy Eaton Vance for $7 Billion". The Wall Street Journal.
  7. ^ de la Merced, Michael J.; Kelly, Kate; Flitter, Emily (February 20, 2020). "Morgan Stanley to Buy E-Trade". The New York Times.
  8. ^ Robinson, Gwen (November 12, 2007). "Subprime mortgage fears batter E-Trade". Financial Times.
  9. ^ "E*TRADE Financial Announces $2.5 Billion Investment Led by Citadel" (Press release). E-Trade Financial. November 29, 2007 – via U.S. Securities and Exchange Commission.
  10. ^ Yerak, Becky (November 30, 2007). "Citadel boosts E-Trade stake with $2.5 billion investment". Chicago Tribune.
  11. ^ Giannone, Joseph A. (March 2, 2008). "E*Trade Chairman Layton adds CEO post". Reuters.
  12. ^ Spence, John (March 3, 2008). "E-Trade names Donald Layton as chief executive". MarketWatch.
  13. ^ Craig, Susanne (March 3, 2008). "E*Trade, With Layton as CEO, Might Be Angling for a Sale". The Wall Street Journal.
  14. ^ "E-Trade names director as chairman, interim CEO". San Diego Union Tribune. Associated Press. December 21, 2009.
  15. ^ Ellis, Blake (March 22, 2010). "ETrade names former Citigroup exec as CEO". CNN.
  16. ^ "E*Trade Hires Steven Freiberg As New CEO". The Wall Street Journal. March 22, 2010.
  17. ^ "E*TRADE Financial Appoints Paul T. Idzik Chief Executive Officer" (Press release). E-Trade Financial. January 17, 2013 – via Business Wire.
  18. ^ a b "E*TRADE Financial Corporation Announces Leadership Transition with Close of OptionsHouse Transaction" (Press release). E-Trade Financial. September 12, 2016 – via Business Wire.
  19. ^ Wylonis, Christian (August 19, 2019). "Here are the latest executive power moves that help explain everything that's going on at E*Trade, Rite Aid, and Yum! Brands". Business Insider.
  20. ^ Buckman, Rebecca (January 12, 2000). "E*Trade Group Wins Approval To Acquire Telebanc Financial". The Wall Street Journal.
  21. ^ Knight, Jerry (January 26, 2004). "For E-Trade, Courtship Ends Short of Marriage". The Washington Post.
  22. ^ "ETrade to buy Telebanc Financial". Deseret News. Associated Press. June 1, 1999.
  23. ^ "E-Trade acquires Web Street". American City Business Journals. May 21, 2001.
  24. ^ "E-Trade to Buy Web Street for $45 Million". Los Angeles Times. Reuters. May 21, 2001.
  25. ^ "E-TRADE TO BUY RIVAL BROKERAGE WEB STREET". Ad Age. May 22, 2001.
  26. ^ "E-Trade to Acquire Rival Brokerage Harrisdirect". Los Angeles Times. August 9, 2005.
  27. ^ "E-Trade agrees to buy rival HarrisDirect". NBC News. Associated Press. August 8, 2005.
  28. ^ Perez, Juan Carlos (August 8, 2005). "E-Trade buys online brokerage for $700 million". InfoWorld.
  29. ^ "E-Trade to acquire BrownCo for $1.6B". American City Business Journals. September 30, 2005.
  30. ^ Bajaj, Vikas (September 29, 2005). "E*Trade to Buy BrownCo From J.P. Morgan for $1.6 Billion". The New York Times.
  31. ^ "E-Trade to Acquire BrownCo for $1.6 Billion". Los Angeles Times. September 30, 2005.
  32. ^ Thurlow, Rebecca (May 16, 2007). "ANZ Bank clears final hurdle in bid to acquire ETrade Australia". MarketWatch.
  33. ^ Thomas, Denny (August 9, 2007). "ANZ gets controlling stake in E*Trade Australia". Reuters.
  34. ^ Thurlow, Rebecca (April 24, 2007). "ANZ Increases Offer to Acquire ETrade Australia". The Wall Street Journal.
  35. ^ Thompson, Sarah; Macdonald, Anthony; Moullakis, Joyce (April 25, 2016). "ANZ Banking Group to re-name E*TRADE Australia". Australian Financial Review.
  36. ^ "Scotiabank Completes Acquisition of E*TRADE Canada" (Press release). Scotiabank. September 22, 2008.
  37. ^ "Scotiabank buys E*Trade Canada". CBC News. July 14, 2008.
  38. ^ Garcia, Tonya (July 25, 2016). "ETrade agrees to acquire OptionsHouse parent for $725 million". MarketWatch.
  39. ^ Carey, Theresa W. (September 2, 2017). "E*Trade, OptionsHouse Merge Platforms". Barron's.
  40. ^ "E*TRADE Announces Close of Trust Company of America (TCA) Transaction" (Press release). Business Wire. April 9, 2018.
  41. ^ "E*TRADE Bolsters Corporate Services Capabilities Through Purchase of Pioneering Student Loan Benefit Provider Gradifi" (Press release). E-Trade Financial. December 9, 2019 – via Business Wire.
  42. ^ Orlofsky, Steve (December 9, 2019). "E*Trade buys student loan provider Gradifi for $30 million". Reuters.

40°45′36″N 73°58′52″W / 40.760°N 73.981°W / 40.760; -73.981

This page was last edited on 18 July 2024, at 12:36
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.
Contact WIKI 2
Introduction
Terms of Service
Privacy Policy