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E*Trade Sells Canadian Unit

wsj.com
Jul 14, 2008
        
Story Timeline:  178 days

Word Count: 245 | Companies Featured in This Article: E*Trade Financial, Bank of Nova Scotia E*Trade Financial Corp. agreed to sell its Canadian operations to Bank of Nova Scotia for $442 million and said the sale and return of related capital would generate about $511 million for the struggling online brokerage. "We continue to make solid progress against our 2008 turnaround plan by monetizing... [read full story]                    

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Latest article on this story:

Analysts Give Bank of Nova Scotia's E*Trade Canada Deal High Marks (at Seeking Alpha)

 yahoo.com Jul 16, 2008
First article on this story:

E*TRADE FINANCIAL to Sell E*TRADE Canada to Scotiabank for $442 Million

 earthtimes.org Jul 14, 2008
Selected publications with coverage of this story:
nytimes.com theglobeandmail.com canadiancapitalist.com banking-business-review.com yahoo.com earthtimes.org cbc.ca finextra.com canada.com wsj.com newswire.ca
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Analysts Give Bank of Nova Scotia's E*Trade Canada Deal High Marks (at Seeking Alpha)

yahoo.com
Jul 16, 2008
        

by: FP Trading Desk posted on: July 16, 2008 | about stocks: BNS / ETFC The Bank of Nova Scotia's acquisition of E*Trade Canada could be followed by more acquisitions, says National Bank Financial analyst Robert Sedran. On...

                   

Scotia snaps up online brokerage E*Trade Canada

theglobeandmail.com
Jul 15, 2008
        

By TARA PERKINS Tuesday, July 15, 2008 Page B1 FINANCIAL SERVICES REPORTER Bank of Nova Scotia is cashing in on the deal-making opportunities arising from the U.S. mortgage turmoil, picking up online brokerage E*Trade Canada...

News Alert: E*Trade Canada acquired by Scotia Bank

canadiancapitalist.com
Jul 15, 2008
        

E*Trade Financial (ETFC), which finds itself caught in the credit crisis, has decided to raise cash by selling its Canadian unit to Scotiabank. It would be interesting to see what happens when the deal closes in the the fall of...

E*Trade Sells Canadian Unit for $442 Million

nytimes.com
Jul 15, 2008
        

The Bank of Nova Scotia agreed to buy the Canadian operations of the online brokerage E*Trade Financial Group for $442 million to expand its wealth-management business, the companies said Monday. Scotiabank said the deal for...

Scotiabank buys E*Trade for $442M

canada.com
Jul 15, 2008
        

Compiled from Herald News Services Published:Â Tuesday, July 15, 2008 Bank of Nova Scotia agreed to pay $442 million for E*Trade Financial Corp.'s Canadian unit to bolster its online-brokerage business. The cash transaction may...

                   

Scotia snaps up brokerage E*Trade Canada

theglobeandmail.com
Jul 15, 2008
        

TARA PERKINS From Tuesday's Globe and Mail Bank of Nova Scotia is cashing in on the deal-making opportunities arising from the U.S. mortgage turmoil, picking up online brokerage E*Trade Canada for $444-million. With this deal,...

E*Trade sells Canadian arm (at Fortune)

yahoo.com
Jul 14, 2008
        

E*Trade is raising cash again. The struggling New York-based online broker agreed Monday to sell its E*Trade Canada unit to Scotiabank for $442 million in cash, in a move that the company says will generate more than $511...

                   

Scotiabank Reaches Agreement to Buy E*TRADE Canada

newswire.ca
Jul 14, 2008
        

Expands Direct Investing Solutions with Acquisition of Canada's largest independent online brokerage firm TORONTO, July 14 /CNW/ - Scotiabank announced today that it will purchase E(*)TRADE Canada from U.S.-based parent...

                   

Scotiabank Reaches Agreement to Buy E(x)TRADE Canada (CNW Group)

yahoo.com
Jul 14, 2008
        

Expands Direct Investing Solutions with Acquisition of Canada's largest independent online brokerage firm TORONTO, July 14 /CNW/ - Scotiabank announced today that it will purchase E(x)TRADE Canada from U.S.-based parent...

Scotiabank buys E*Trade Canada

cbc.ca
Jul 14, 2008
        

The Bank of Nova Scotia said Monday it will double its size in the online investing market by buying E*Trade Canada for $444 million. President and CEO Rick Waugh said the deal is "an excellent growth opportunity" and fits with...

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