Professional Documents
Culture Documents
Merger
Merger
E-Trade is a bank which operates virtually and offers digital transactional services and it is called
the investors retail place/market for the entire virtual financial institute. The bank E-Trade started
operating in 80s with 2 founders one of them was a physicist and an investor discover the virtual
trade circulation medium and named it as E-Trade. Today, the E-Trade is a well-known and
world famous digital trade agency which provides services to the investors and traders and
Where, Morgan Stanley is a financial institute which deals in financial activities and trading and
the bank Morgan Stanley helps the smaller and financially weak institute to grow and peruse
their money and utilize it in a profitable manner to achieve their financial goals. The bank
Morgan Stanley believes on its five core values which are: do the right thing, put their customers
on first priority always, come up with innovative ideas, believes on diversity and the last one is
to return.
E-Trade is a trusted financial trading and investing bank from the past 38 years and Morgan
Stanley can have the benefits of this merger as it will provide the Morgan’s customers with the
best facilities and technological digital trading and investing and offer them with the various
options and choices, said by the CEO of the bank of Morgan Stanley. The deal of this mega
merger in the financial virtual trading industry were done in February 2020, later $13 billion
were transacted in the stock market and Morgan’s shares were purchased by E-Trade at the rate
of $58.74, furthermore the shareholders are likely to gain profit of $1.0432 on each of the
Beside the merger, E-Trade will continuous it’s operating as the financial trading and investment
bank while the CEO of the Morgan Stanley bank will continue his duties as the employee of the
Morgan Stanley’s bank which is under the acquisition of the E-Trade bank. More ever, the
independent board of director of the E-Trade joined the Morgan Stanley bank board of directors
to control and analyze the operations and activities of the Morgan Stanley bank which is now
Meanwhile, many of the metrics demand for the innovative and unexceptional services from the
brokerage and the pandemic Covid-19 financial crises increased the digital trading and investing
ratio with a high percentage as a high number of the traders and investors started using digital