What the Morgan Stanley-E*Trade Deal Means for Schwab, Fidelity, and Other Big Banks

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    What the Morgan Stanley-E*Trade Deal Means for Schwab, Fidelity, and Other Big Banks

    Wall Street, searching for a fresh burst of growth, is going all-in on Main Street.
    The latest effort on this front came this past week when Morgan Stanley (ticker: MS) unveiled a $13 billion all-stock deal to buy E*Trade Financial (ETFC), signaling that th…
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