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Wells Fargo Reports Net Income of $1.64 Billion, or $0.49 Per Share; Wachovia Merger On Track for Q4 Close

//10-15-2008

Scottrade Wiki Wins Gold Intranet Innovation Award

//10-10-2008
Scottrade (www.scottrade.com), a leading branch-supported online investment firm, was honored with a Gold Intranet Innovation Award from Step Two Designs for its internal wiki application. The application, located on the company’s intranet, helps associates more easily share knowledge with other associates as well as customers and prospective customers.

Wachovia to close Wells Fargo deal without shareholders' OK

//10-10-2008

In Connection With NYSE Euronext’s Acquisition of the American Stock Exchange, Merrill Lynch to Transfer Securities From the American Stock Exchange to NYSE Arca

//10-10-2008
Merrill Lynch & Co., Inc. today announced that, in connection with NYSE Euronext's acquisition of the American Stock Exchange ("Amex"), it will transfer the listing of the securities set forth below (the "Securities"), which are currently listed on the Amex, to NYSE Arca. The voluntary Amex delisting of the Securities is occurring in order to transfer the listing of such Securities to NYSE Arca due to the acquisition of the Amex by NYSE Euronext and to comply with NYSE Euronext's plans to consolidate all listed exchange-traded funds and structured products on NYSE Arca.

National Financial Introduces Sophisticated Analytics Offering To Help Broker/Dealers Improve Asset Gathering

//10-09-2008
National Financial®, a Fidelity Investments® company, announced it has expanded its alliance program with the addition of San Francisco-based Success Metrics. A leader in sophisticated, on-demand analytical solutions for financial services firms, Success Metrics helps broker/dealers and their brokers to enhance sales productivity.

T. Rowe Price Announces Participation In U.S. Treasury’s Temporary Money Market Fund Guarantee Program

//10-09-2008
T. Rowe Price Associates, Inc. and the Boards of Directors of the T. Rowe Price money market funds have decided that its eligible taxable and tax free money market funds will participate in the U.S. Treasury Department’s temporary money market fund guarantee program.

Citigroup Sells Back-Office Unit to Tata Consultancy

//10-08-2008

Mitsubishi UFJ Financial Group and Morgan Stanley Obtain Key Regulatory Clearances

//10-08-2008
$9 Billion Investment by MUFG Will Further Bolster Morgan Stanley’s Strong Capital Position

US Stock Futures Rise, European Shares Pare Drop on Rate Cuts

//10-08-2008
By Michael Patterson Oct. 8 (Bloomberg) -- US stock-index futures climbed and European shares pared declines after the Federal Reserve and five other central banks cut interest rates in a coordinated bid to unlock credit markets.

E*TRADE FINANCIAL Corporation Announces Third Quarter 2008 Earnings Conference Call

//10-07-2008
NEW YORK, Oct 07, 2008 (BUSINESS WIRE) -- E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today announced it will report its third quarter 2008 financial results after the close of the U.S. financial markets on Tuesday, Oct. 21, 2008. The Company will host a conference call to discuss results beginning at 5:00 p.m. (EDT). This conference call will be available to domestic participants by dialing 800-683-1525 and 973-872-3197 for international participants. The conference ID number is 67767152. A live audio webcast and replay of this conference call will also be accessible at https://investor.etrade.com.

Treasurys off as Fed plans to buy commercial paper

//10-07-2008
NEW YORK (MarketWatch) -- Treasury prices fell Tuesday, pushing yield up, in the aftermath of the Federal Reserve's announcement that it would purchase commercial paper to ease corporate borrowing costs.

Wachovia says it will press ahead with Wells deal

//10-06-2008
NEW YORK (AP) — Wachovia Corp., at the center of a fight between Wells Fargo & Co. and Citigroup Inc. over who will buy the beleaguered bank, is moving ahead with its deal to sell itself to Wells Fargo — while questions arise about the damaging effects that prolonged litigation might have on Wachovia

Scottrade Recognized for Associate Training and Development

//10-06-2008
Online Investment Firm Ranks in Top 10, Wins ASTD BEST Award for Second Consecutive Year

Sinking feeling as fall in US jobs spreads

//10-06-2008
JPMorgan economists have compared the US labour market with a boat sailing through rough seas over the past few months. The July data showed it “was taking on more water, but has not yet capsized”. By August, the boat had indeed capsized, and in September, according to figures released at the end of last week, there were “159,000 men and women overboard”.

President Bush signs historic $700 billion plan aimed at stemming credit crisis.

//10-04-2008
NEW YORK (CNNMoney.com) -- After two weeks of contentious and often emotional debate, the federal government's far-reaching and historic plan to bail out the nation's financial system was signed into law by President Bush on Friday afternoon.

Stocks slump despite bank rescue

//10-04-2008
NEW YORK (CNNMoney.com) -- Stocks slumped Friday, as a brutal week ended with President Bush signing the historic $700 billion bailout plan after weeks of contentious debate.

Money markets frozen; eyes on U.S. bill vote

//10-03-2008
LONDON/TOKYO (Reuters) - Money markets remained largely frozen on Friday as banks waited to see if the U.S. House of Representatives will pass a $700 billion bill aimed at encouraging banks to start lending to each other again.

Ken Lewis Announces John Thain Role With Bank of America

//10-03-2008
Bank of America Chairman and Chief Executive Officer Ken Lewis today announced that John Thain, current chairman and chief executive officer of Merrill Lynch, will have a major role in the combined companies. Lewis also announced that Brian Moynihan will continue as president of Global Corporate and Investment Banking at Bank of America until the merger, and will take on a key newly created enterprise-wide role effective immediately.

E*TRADE Closes Sale of IL&FS Investsmart Shares to HSBC

//10-02-2008
E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) announced that its indirectly wholly-owned subsidiary, E*TRADE Mauritius Limited, has completed the sale of 100 percent of its equity shares in IL&FS Investsmart Limited ("Investsmart"), an India-based financial services organization, to HSBC, through its Group subsidiaries. The sale will yield approximately $145 million in proceeds to E*TRADE.

Word Reaches Congress: As the Market Goes, So Goes the Electorate

//10-02-2008
WASHINGTON — What Representative Joe Barton, Republican of Texas, has heard from constituents this week about the Bush administration’s $700 billion economic bailout plan has fluctuated as wildly as the stock markets.

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