Steven Freiberg Net Worth is1.7 $Million
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deserves the money?
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Type: Public company
Traded As: ETFC, S&P 500
Foundation: Palo Alto, California (1982)
Location: Time-Life Building, New York City, New York United States
Key People: Frank J. Petrilli, CEO, url
Num Employees: 3,162 (03/31/2012)
Industry: Financial Services
Products: Trading & investing, banking & credit cards, retirement & planning
Revenue: operating income
Net Income: assets
Equity: homepage
E-Trade Financial Corporation (NASDAQ: ETFC) (often styled E*TRADE) is a financial services company based in New York City, United States. It is a holding company, the major business of which is an online discount stock brokerage service for self-directed investors. Investors can buy and sell securities such as stocks, bonds, options, mutual funds, and exchange-traded funds via electronic trading platforms or by phone via E-Trade Mobile Pro. The company also offers banking and lending products such as checking and savings accounts, money market accounts, certificates of deposit, and credit cards. E-Trade's brokerage business is regulated and licensed by the Financial Industry Regulatory Authority (FINRA). E-Trade also has a wholly owned subsidiary E-Trade Bank.
In 1982, William A. Porter and Bernard A. Newcomb founded TradePlus in Palo Alto, California. In 1991, Porter founded a new company, E-Trade Securities, Inc., with several hundred thousand dollars of startup capital from TradePlus. E-Trade offered its trading services via America Online and Compuserve. In 1994, its revenues neared $11 million (up from $850,000 in 1992). It later reorganized and emerged under the name E-Trade Group, with E-Trade Securities as its principal subsidiary.
In August 1996, it went public with Robertson, Stephens & Company as the lead underwriter. In 2003, the company changed its name from E-Trade Group Inc. to E-Trade Financial Corporation.
In 2001, a publicly traded online brokerage firm known as Web Street Securities was acquired by E-Trade. Web Street had a strong presence in cities throughout the United States with offices in Beverly Hills, Boston, Denver and San Francisco. The sale was $50 million in stock and cash.
In 2003, the Toronto-Dominion Bank held talks to merge its TD Waterhouse discount brokerage with E-Trade, but the two sides could not come to an agreement over control of the merged entity. In 2005, E-Trade made an unsolicited offer for Ameritrade, curre

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Steven Freiberg Latest News

The 411 on E*Trade’s New CEO: Steven Freiberg Was a Citigroup Lifer

E*Trade finally has a new CEO. Steven Freiberg, an executive who has spent his entire professional career at Citigroup, mostly focused on its credit card business, will run the online broker. Here’s the 411 on Freiberg: Age: 52 Education: Hofstra ...
Posted: March 22, 2010, 7:06 am

Chris Brackin to fight Dan Beverly on May 26 at Tweed Heads

Beverly is a well known commodity in the Garden City having faced Queensland Champion Steven Spark and Australian champion ... Jaydii Kalambe will have his second pro fight against Kyle Freiberg on May 26 on the Worlds Collide 7 card in Brisbane.
Posted: May 15, 2018, 2:17 am

Mike Bingle, Steven Freiberg and Robert L. Joss AC Elected to SoFi’s Board of Directors

2018 InsuranceNewsNet Super Conference Tickets Now Available. Click here and use promo code GetMyTicket for an instant discount of $500!
Posted: March 15, 2017, 2:15 pm
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