Etrade Account Control Agreement

E*TRADE`s consumer-specific, brand-specific technology platforms will complement Morgan Stanley`s leading consulting technology. E*TRADE also offers a full range of digital banking services, including direct integration with brokerage, current and high-yield accounts, significantly accelerating Morgan Stanley`s digital banking efforts. The deal adds inexpensive deposits of approximately $US 56 billion, which will bring Morgan Stanley significant funding benefits. NEW YORK &ARLINGTON, Va. (BUSINESS WIRE) Morgan Stanley (NYSE: MS) and E*TRADE Financial Corporation (NASDAQ: ETFC) have entered into a final agreement under which Morgan Stanley E*TRADE, a leading financial services company and pioneer in the online brokerage industry, will acquire in an all-tier transaction worth approximately $13 billion. . . .