Tag Archives: Blackstone

Financial Daily Dose 2.21.2020 | Top Story: Morgan Stanley Pays $13 Billion to Acquire E-Trade

BY: Michael D. Reif | February 21, 2020

Morgan Stanley shook the financial world yesterday with the announcement that it’s planning to drop $13 billion on a deal to purchase online discount brokerage E-Trade—the “biggest takeover by a major American lender since the 2008 global financial crisis” – NYTimes and WSJ and Bloomberg Wells Fargo is expected to pay as much as $3 … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | December 6, 2016

Hey Italy.  Not helping – NYTimes White Collar Watch chimes in on recent moves by federal regulators to step in and assert a bit of control of the quickly maturing fintech industry. Bitcoin’s as good an example as any – NYTimes Amazon’s hoping to disrupt the grocery store biz next with its grab ‘n’ go … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | September 4, 2015

The hotly anticipated US jobs report (flaws and all) is out today: the official numbers show 173,000 jobs added—fewer than expected, though perhaps ripe for revising next month—while the jobless rate ticked down to 5.1% – NYTimes and WSJ The report is receiving particular focus because of its likely impact on the Fed’s decision to … Continue reading