Morgan Stanley CEO James Gorman on how the E-Trade deal came together

Morgan Stanley CEO James Gorman on how the E-Trade deal came together

Morgan Stanley’s acquisition of brokerage firm E-Trade has been a long time coming, Chairman and CEO James Gorman told CNBC on Thursday.

“In truth, [conversations] started in 2002,” the Morgan Stanley chief said in a “Squawk on the Street” interview with Wilfred Frost. ”I called [E-Trade] back then when I was at Merrill [Lynch] because I was intrigued by that fact that there was always going…

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