e-trade

Online brokerage business grow on the crisis of global broker firms

December 2, 2010 - 7:41am | Investment industry | News

The latest prognosis made by the consulting firm Aite Group says that online US discount brokerages are expected to attract more of their customers and assets in the years ahead. While the largest brokerages in America owned by banks declined during the financial crisis and suffered resignations of qualified brokers as well as departures of customers, online brokers were succeeding in their business. They have managed to increase online brokerage share of the $12.4 trillion in total U.S. client assets by 0.8 percentage points to 12 percent.

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E-Trade shares plummeted by 14%

June 19, 2009 - 1:37pm | Investment industry | News

On Friday, E-Trade Financial Corp. stocks dropped by 14% and touched a low of $1.17, bouncing back after the company priced a public offering of 435 million common stocks that dilutes current stockholders. The price represented a 23% discount to the stock's Thursday close at $1.43.

Citadel | common stocks | e-trade | equity capital | preffered stocks

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E-Trade may receive more investment from Citadel

June 10, 2009 - 10:51am | Investment industry | News

According to a recent report E-Trade Financial Corp. is working with largest shareholder Citadel investment Group on ways to steady its financial position. As reported by the Wall Street Journal while there is no information about the terms of the deal negotiations between E-Trade and hedge-fund outfit Citadel have been going on for several weeks with prospects of increasing E-Trade's fortunes.

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S&P's cuts E*-Trade Financial's rating to CCC+

May 22, 2009 - 9:30am | Investment industry | News

Credit ratings agency Standard & Poor's, publishing financial research and analysis on stocks and bonds, announced on Thursday that it cuts its ratings on retail brokerage company E-Trade Financial Corp.

Thus, long-term counterparty credit and senior debt ratings were reduced from "B" to "CCC-". As for the counterparty credit and certificate of deposit ratings on E-Trade's banking subsidiary, they were cut to "CCC+" from "BB-".

credit rating | e-trade | investment | shares | Standard and Poor's

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A California scammer pleaded guilty to a $0.01 E-Trade investment fraud

May 22, 2009 - 1:59am | Fraud | News

On Thursday a California resident pleaded guilty to the charges of creating tens of thousands of bogus online brokerage accounts and then collecting tiny test deposits made by companies like E-Trade Financial and Charles Schwab. Michael Largent, 23, of Plumas Lake, Calif. Was charged of committing the fraud which ran between November 2007 and May 2008.

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The financial world: online banking reviews, part 2

May 14, 2009 - 2:17pm | Analytics | Articles

Online banking can simplify all our life due to a plenty of reasons - convenience, high speed and affordable cost. If you are looking for a suitable online banking service or just want to know more about its functions, check our reviews. We have browsed the websites of the major American banks to help you find the best of the best.

Bank of America

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