HSBC Sells Australian Online Brokerage Business to ETrade

HSBC has sold its Australian Online Brokerage business to ETrade for A$51.3 million ($37.9 million). The deal will give ETrade an additional 40,000 customers and a market share of around 26 per cent of....

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By: Contributing Editor
June 7, 2006
HSBC has sold its Australian Online Brokerage business to ETrade for A$51.3 million ($37.9 million). The deal will give ETrade an additional 40,000 customers and a market share of around 26 per cent of....