New chairman could steer struggling brokerage toward buyer
(Newser) -
E*Trade Financial, stung by mortgage- and mortgage-backed securities market losses, is adding CEO to chairman Donald Layton's duties. The company may be dolling itself up for a possible sale by polishing its tarnished image, the
Wall Street Journal reports. Since Layton, 57, became chairman in November, the brokerage has rebounded...
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