Wall Street pegged E-Trade as the most likely acquisition target.
"I think a bit of a surprise this morning in terms of the players," said Devin Ryan, managing director or equity research at JMP Securities. "The market wasn't anticipating the Schwab-Ameritrade combination, I think people were more looking at who would be buying E-trade.
To be sure, E-Trade still looks like an attractive acquisition target as the company has a large deposits business, said Ryan. "With the obvious candidates now spoken for...ETFC could end up with someone who isn't necessarily an online broker," said Bilson.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Wall Street falls on concerns about U.S.-China trade deal progressWall Street's main indexes ended Wednesday's session lower on concerns...
Baca lebih lajut »
Wall Street drops on trade deal delay concernsStocks on Wall Street fell on Wednesday on receding hopes of a U.S.-China trade deal and minutes from the Federal Reserve’s October policy offered little relief
Baca lebih lajut »
'Phase One' U.S.-China trade deal may not be completed this year: trade sourcesCompletion of a 'phase one' U.S.-China trade deal could slide into nex...
Baca lebih lajut »
Exclusive: German exports to United States jump despite trade tensionsStrong German exports to the United States helped Europe's largest economy ...
Baca lebih lajut »
Retail Whiplash, Trade Headwinds for Stocks & Tim Cook Meets President Trump by Squawk on the Street
Baca lebih lajut »
China says it will strive to reach 'phase one' trade deal with U.S.President Donald Trump says he has not made a trade deal with China yet because Beijing is not 'stepping up' in negotiations. More here:
Baca lebih lajut »