financial sector

The Latest

  • Morgan Stanley To Acquire E Trade In Largest Acquisition Since The Financial Crisis
    E Trade Acquisition
    Morgan Stanley announced that it has agreed to pay $13 billion to acquire discount brokerage E Trade in an all-stock deal.
  • China Approves Mastercard Chinese Joint Venture's Clearing Business
    Mastercard China
    The People's Bank of China announced that it has approved Mastercard's joint venture with Netsunion Clearing Corporation to run a new bank card clearing business.
  • China’s Invite to Global Financial Sector Progresses
    HSBC Hong Kong
    China has allowed Allianz SE and UBS Group AG to have more access to the country's $42 trillion financial industry. HSBC, among others, is also planning to stretch business further with one of the world's leading financial giants.