Latest Ameritrade Holding Corporation News: Finextra Research

Brief: Ameritrade completes integration of NDB operations

Online brokerage Ameritrade has completed conversion of National Discount Brokers Corporation's clients into its front-end system and clearing engine, following its acquisiton in July 2001.

28 November 2001

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Brief: Ameritrade co-CIO Mok Choe resigns

Online brokerage firm Ameritrade is reporting the resignation of its co-chief information officer Mok Choe.

08 November 2001

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GMAC Bank partners Ameritrade for online brokerage

US-based GMAC Bank has teamed up with Ameritrade to provide customers and employees with access to a suite of online brokerage services.

01 November 2001

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Ameritrade to acquire Deutsche US brokerage

Online brokerage Ameritrade has entered a definitive agreement to acquire Deutsche Bank's US brokerage subsidiary, National Discount Brokers Corporation, for approximately $154 million in common stock.

31 July 2001

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Bank One names Ameritrade veteran Ditmore as CTO

Chicago-based Bank One Corporation has named James Ditmore as chief technology officer for infrastructure & operations and appointed Thomas Kelly as senior vice president and head of IT supply chain for the company. Both will report to Austin Adams, Bank One's chief information officer.

03 July 2001

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Ameritrade restructures to combat online slump

Online brokerage Ameritrade is to split its business into seperate private client and institutional divisions in an effort to combat a recent slump in trading volumes.

27 June 2001

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Goldman Sachs acquires Epoch from Ameritrade

Goldman Sachs is to acquire Ameritrade's interest in Epoch Partners, an online investment bank established in November 1999 as a joint venture with Charles Schwab, and TD Waterhouse Group. Terms of the transaction were not disclosed.

14 June 2001

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CIBC in talks to acquire Ameritrade - USA Today

Canadian Imperial Bank of Commerce (CIBC) is in advanced talks to acquire Ameritrade, the US's fifth-largest discount brokerage, for as much as $1.8 billion, according to a report in USA Today.

11 May 2001

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Online gloom deepens as Ameritrade and Morgan swing axe

Casualties from the Internet market slump continue to pile up as US online brokerage Ameritrade cuts more than 230 full-time employees and terminates the contracts of 100 temporary employees, and Morgan Online takes the axe to half its staff.

09 January 2001

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Netbank and Ameritrade cut cross-promotional deal

US-based online operators NetBank and Ameritrade have entered a strategic alliance to promote each other's products to new and existing customers. NetBank will offer banking services to Ameritrade's more than 1 million brokerage customers, and Ameritrade Holding Corporation, through its subsidiary AmeriVest, will offer reciprocal brokerage services to NetBank's customer base.

02 August 2000

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