Online brokers on the move on report of Goldman sniffing around

It's not the first time Charlie Gasparino has floated this report, but E*Trade (ETFC +4.7%) and Schwab (SCHW +1.5%) have their tails in the air as the Fox News reporter says Goldman Sachs (GS +0.6%) is having internal discussions about whether it should swallow up one of the online brokers.

Also on the move is Ameritrade (AMTD +1.4%).

Previously: Goldman eyeing online brokers as trading business disappears?

Comments (3)
  • psychological-dividends
    , contributor
    Comments (820) | Send Message
    Fox Businss right? Yeah I've heard Goldman was interested in some discount brokerages
    29 Jul 2014, 10:45 AM Reply Like
  • phildevoyd
    , contributor
    Comments (216) | Send Message
    Doesn't seem like a good fit, to me.
    MS bot Lombard. Killed it.
    JPM bot another player (forgot name, had lots of TV commercials), put it to sleep.
    29 Jul 2014, 10:46 AM Reply Like
  • PalmDesertRat
    , contributor
    Comments (3839) | Send Message
    I think it was BrownCo. They had low commissions but nothing else. They sold it to ETFC.
    29 Jul 2014, 10:58 AM Reply Like
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