Morgan Stanley’s E*Trade deal is being interpreted by analysts, investors and investment bankers as just the start of a long-predicted series of deals big enough to reshape the upper echelons of the U.S. financial industry.
Allison Dukes says she will not be joining the combined company because she wants to remain in Atlanta, where she is involved with several civic and philanthropic organizations. The merged company will be headquartered in Charlotte, N.C.
TA, Vista back manufacturing software specialist Aptean. Bank M&A will remain strong, following planned merger of BB&T and SunTrust. Carillon raises stake in ClariVest. Windjammer makes first investment from fifth fund.
February 27, 2019
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