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<item><title>Bank of Nova Scotia,Toronto acquires E Trade Canada from E Trade Financial Corp (pending)</title><description>CANADA - Bank of Nova Scotia, Toronto, Ontario definitively agreed to acquire E Trade Canada, a provider of online brokerage services, from E Trade Financial Corp, for ###.### mil Canadian dollars ($### mil US) in cash. The transaction was subject to regulatory approvals.</description><pubDate>7/16/2008 1:12:51 PM</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">064149</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">64079V</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">064149</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">269246</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Bank of Nova Scotia,Toronto, Ontario</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">E Trade Canada</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Bank of Nova Scotia,Toronto, Ontario</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">E Trade Financial Corp</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Bank_of_Nova_Scotia_Toronto_acquires_E_Trade_Canada_from_E_Trade_Financial_Corp-1995722040</link><guid isPermaLink="false">sdc/1995722040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>1995722040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2008, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Toronto</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Commercial Banks, Bank Holding Companies</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Canada</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Banks</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>6000</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>BNS</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">6000:Banks</sdc:value><sdc:value sdc:p="1">6211:Security brokers, dealers, and flotation companies</sdc:value><sdc:value sdc:p="2">6289:Security and commodity services, nec</sdc:value><sdc:value sdc:p="3">6719:Offices of holding companies, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">6000:Banks</sdc:value><sdc:value sdc:p="1">6211:Security brokers, dealers, and flotation companies</sdc:value><sdc:value sdc:p="2">6289:Security and commodity services, nec</sdc:value><sdc:value sdc:p="3">6719:Offices of holding companies, nec</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Investment &amp; Commodity Firms,Dealers,Exchanges</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Canada</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Security brokers, dealers, and flotation companies</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>6211</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>603001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Pvd ret,corporate,invest bkg</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd securities brkg svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Cash Only</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>578596001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Jul 16 2008</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ACURR_CODE><sdc:value>C</sdc:value></sdc:fiscal_ACURR_CODE><sdc:fiscal_ADATEFIN><sdc:value>30 Apr 08</sdc:value></sdc:fiscal_ADATEFIN><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>3776.45300</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>24600.10000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>449650.28400</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_CURRENCYLONG><sdc:value>Canadian Dollar</sdc:value></sdc:fiscal_CURRENCYLONG><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Bank of Nova Scotia also known</sdc:value><sdc:value sdc:p="1">as Scotiabank, headquartered</sdc:value><sdc:value sdc:p="2">in Toronto, Ontario, provides</sdc:value><sdc:value sdc:p="3">retail, corporate, and</sdc:value><sdc:value sdc:p="4">investment banking services</sdc:value><sdc:value sdc:p="5">worldwide. In addition to more</sdc:value><sdc:value sdc:p="6">than 950 domestic branches,</sdc:value><sdc:value sdc:p="7">Scotiabank has more than 1,000</sdc:value><sdc:value sdc:p="8">offices in about 45 other</sdc:value><sdc:value sdc:p="9">countries. Services include</sdc:value><sdc:value sdc:p="10">deposit accounts, insurance,</sdc:value><sdc:value sdc:p="11">and lending, brokerage, and</sdc:value><sdc:value sdc:p="12">trust services. The bank also</sdc:value><sdc:value sdc:p="13">offers asset management</sdc:value><sdc:value sdc:p="14">(including mutual funds) and,</sdc:value><sdc:value sdc:p="15">through its Scotia Capital</sdc:value><sdc:value sdc:p="16">division, such services as</sdc:value><sdc:value sdc:p="17">underwriting, corporate debt,</sdc:value><sdc:value sdc:p="18">and mergers and acquisitions</sdc:value><sdc:value sdc:p="19">advising. The company was</sdc:value><sdc:value sdc:p="20">founded in 1932.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Bank of Nova Scotia also known as Scotiabank, headquartered</sdc:value><sdc:value sdc:p="1">in Toronto, Ontario, provides retail, corporate, and</sdc:value><sdc:value sdc:p="2">investment banking services worldwide. In addition to more</sdc:value><sdc:value sdc:p="3">than 950 domestic branches, Scotiabank has more than 1,000</sdc:value><sdc:value sdc:p="4">offices in about 45 other countries. Services include</sdc:value><sdc:value sdc:p="5">deposit accounts, insurance, and lending, brokerage, and</sdc:value><sdc:value sdc:p="6">trust services. The bank also offers asset management</sdc:value><sdc:value sdc:p="7">(including mutual funds) and, through its Scotia Capital</sdc:value><sdc:value sdc:p="8">division, such services as underwriting, corporate debt, and</sdc:value><sdc:value sdc:p="9">mergers and acquisitions advising. The company was founded</sdc:value><sdc:value sdc:p="10">in 1932.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Bank of Nova Scotia also known as Scotiabank, headquartered in Toronto, Ontario, provides retail, corporate, and investment banking services worldwide. In addition to more than 950 domestic branches, Scotiabank has more than 1,000 offices in about 45 other countries. Services include deposit accounts, insurance, and lending, brokerage, and trust services. The bank also offers asset management (including mutual funds) and, through its Scotia Capital division, such services as underwriting, corporate debt, and mergers and acquisitions advising. The company was founded in 1932.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">E Trade Canada, located in</sdc:value><sdc:value sdc:p="1">Toronto, Ontario, provides</sdc:value><sdc:value sdc:p="2">online security brokerage</sdc:value><sdc:value sdc:p="3">services. The company offers a</sdc:value><sdc:value sdc:p="4">variety of products and</sdc:value><sdc:value sdc:p="5">services to retail and</sdc:value><sdc:value sdc:p="6">institutional investors buying</sdc:value><sdc:value sdc:p="7">and selling securities via</sdc:value><sdc:value sdc:p="8">electronic trading platforms.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">E Trade Canada, located in Toronto, Ontario, provides online</sdc:value><sdc:value sdc:p="1">security brokerage services. The company offers a variety of</sdc:value><sdc:value sdc:p="2">products and services to retail and institutional investors</sdc:value><sdc:value sdc:p="3">buying and selling securities via electronic trading</sdc:value><sdc:value sdc:p="4">platforms.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>E Trade Canada, located in Toronto, Ontario, provides online security brokerage services. The company offers a variety of products and services to retail and institutional investors buying and selling securities via electronic trading platforms.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>Canadian Dollar</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>14 Jul 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Mon, 14 Jul 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 07/14/2008</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. of Assets</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>444.917 Canadian Dollar</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>444.91700</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>444.917 Canadian Dollar</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>444.91700</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>444.91700</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>444.917 Canadian Dollar</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.99300</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>221.68700</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>442.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>442.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>49709.61100</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">CANADA - Bank of Nova Scotia,</sdc:value><sdc:value sdc:p="1">Toronto, Ontario definitively</sdc:value><sdc:value sdc:p="2">agreed to acquire E Trade</sdc:value><sdc:value sdc:p="3">Canada, a provider of online</sdc:value><sdc:value sdc:p="4">brokerage services, from E</sdc:value><sdc:value sdc:p="5">Trade Financial Corp, for</sdc:value><sdc:value sdc:p="6">444.917 mil Canadian dollars</sdc:value><sdc:value sdc:p="7">($442 mil US) in cash. The</sdc:value><sdc:value sdc:p="8">transaction was subject to</sdc:value><sdc:value sdc:p="9">regulatory approvals.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>CANADA - Bank of Nova Scotia, Toronto, Ontario definitively agreed to acquire E Trade Canada, a provider of online brokerage services, from E Trade Financial Corp, for 444.917 mil Canadian dollars ($442 mil US) in cash. The transaction was subject to regulatory approvals.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">CANADA - Bank of Nova Scotia, Toronto, Ontario definitively agreed to acquire E Trade</sdc:value><sdc:value sdc:p="1">Canada, a provider of online brokerage services, from E Trade Financial Corp, for 444.917</sdc:value><sdc:value sdc:p="2">mil Canadian dollars ($442 mil US) in cash. 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sdc:p="0">6211:Security brokers, dealers, and flotation companies</sdc:value><sdc:value sdc:p="1">7375:Information retrieval services</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>603001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Toronto</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>Canada</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>6000</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>BNS</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">6211:Security brokers, dealers, and flotation companies</sdc:value><sdc:value sdc:p="1">7375:Information retrieval services</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>374669003</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>New York</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>United States</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>6211</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>California</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>ET</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>442.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>444.91700</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>442.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>221.68700</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>Thomson Financial Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0001-26652328</link><guid isPermaLink="false">newstex/PRN-0001-26652328</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> TORONTO, Jul. ##, #### (Canada NewsWire Group delivered by Newstex) -- /CNW/ -- Scotiabank announced today that it will purchase E*TRADE Canada from U.S.-based parent E*TRADE Financial Corporation (NASDAQ: ETFC). Under this definitive...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04006000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04006002</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04006004</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016005</newstex:cat><pubDate>7/14/2008 5:17:30 PM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18016000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002012</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Canada NewsWire Group</newstex:Publication><title>Scotiabank Reaches Agreement to Buy E*TRADE Canada</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PRN-0001-26652328</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">BANK OF NOVA SCOTIA</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">E*TRADE FINANCIAL CORPORATION</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">BNS</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">ETFC</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/MW-0001-25808272</link><guid isPermaLink="false">newstex/MW-0001-25808272</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> WESTON, FL, Jun. #, #### (Marketwire delivered by Newstex) -- WESTON, FL -- (MARKET WIRE) -- ##/##/## --  TheSUBWAY.com names the following stocks to its Equity Spotlight List: Legend International Holdings, Inc (OTCBB: LGDI), E*TRADE...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04009000</newstex:cat><pubDate>6/6/2008 8:15:19 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18013000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Marketwire</newstex:Publication><title>Equity Spotlight for Friday, June 06, 2008: LGDI Closes $105 Million Financing!</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">MW-0001-25808272</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">E*TRADE FINANCIAL CORPORATION</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">LEGEND INTERNATIONAL HOLDINGS INC</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">LEVEL 3 COMMUNICATIONS INC</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">ETFC</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">LGDI</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">LVLT</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/HIN-0001-25352272</link><guid isPermaLink="false">newstex/HIN-0001-25352272</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> May ##, #### (The Hindu Business Line delivered by Newstex) --     Our Bureau    Mumbai, May ## The HSBC (NYSE:HBC)  group has acquired ##.## per cent stake in the listed retail broking firm IL&amp;FS Investsmart Ltd (IIL) in an all cash...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016005</newstex:cat><pubDate>5/17/2008 10:08:43 PM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18016000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18003000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002004</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">The Hindu Business Line</newstex:Publication><title>HSBC buys IL&amp;FS Investsmart; deal valued at Rs 1,084 cr</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">HIN-0001-25352272</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">BNP PARIBAS</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">E*TRADE FINANCIAL CORPORATION</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">HSBC HOLDINGS PLC</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">BPRBF</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">ETFC</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">HBC</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/643654</link><guid isPermaLink="false">spcred/643654</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest News from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>4/18/2008 3:32:43 PM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><title>E*TRADE Financial Corp. And Related Ratings Remain On CreditWatch Negative</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">643654</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Investment Banking &amp; Brokerage</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NEW YORK (Standard&amp;Poor's) April 18, 2008--Standard&amp;Poor's Ratings Services said today that its 'B' long-term counterparty credit rating on E*TRADE Financial Corp. (E*TRADE) and its 'BB-' long-term counterparty credit rating on E*TRADE Bank (the Bank) remain on CreditWatch with negative implications after E*TRADE reported a net loss of $91.2 million for its first quarter ended March 31, 2008. The loss reflects continued weakness in E*TRADE's loan and investment securities portfolios as well as management's business turnaround activities. The pretax loss of $145.3 million was driven primarily by a $234 million provision for loan losses and a $9 million net loss on securities. "We continue to actively monitor E*TRADE and the Bank toward resolution of the CreditWatch," noted</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">269246</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40203020 402030 4020 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Financial Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">344207</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">ET</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">40102010 401020 4010 40</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Bank</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">344208</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">19751Z</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/643655</link><guid isPermaLink="false">spcred/643655</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Research Update from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>4/18/2008 3:32:42 PM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Research Update: E*TRADE Financial Corp. And Subsidiary Ratings Remain On CreditWatch Negative</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">643655</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Investment Banking &amp; Brokerage</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On April 18, 2008, Standard&amp;Poor's Ratings Services said that its 'B' long-term counterparty credit rating on E*TRADE Financial Corp. (E*TRADE) and its 'BB-' long-term counterparty credit rating on E*TRADE Bank (the Bank) remain on CreditWatch with negative implications after E*TRADE reported a net loss of $91.2 million for its first quarter ended March 31, 2008. The loss reflects continued weakness in E*TRADE's loan and investment securities portfolios, as well as management's business turnaround activities. The pretax loss of $145.3 million was driven primarily by a $234 million provision for loan losses and a $9 million net loss on securities. There are signs of some stabilization in the retail segment this quarter with the generation of $300 million in</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">269246</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40203020 402030 4020 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Financial Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">344207</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">ET</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">40102010 401020 4010 40</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Bank</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">344208</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">19751Z</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/HIN-0001-24456620</link><guid isPermaLink="false">newstex/HIN-0001-24456620</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Apr. ##, #### (The Hindu Business Line delivered by Newstex) --     R.Y. 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E*TRADE Financial Corp. New York, New York, United States Ratings Category Moody's Rating Outlook Negative Issuer Rating Ba# Senior Unsecured...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Financial Corp.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600052094</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Financial Corp.</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">COP_600052094</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_145353_600069077</link><guid isPermaLink="false">moodys/PR_145353_600069077</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><pubDate>12/1/2007 12:18:20 AM</pubDate><title>Moody's lowers E*TRADE Financial to Ba3; Outlook is negative</title><description>Global Credit Research Rating Action ## NOV ####   Rating Action: E*TRADE Bank Moody's lowers E*TRADE Financial to Ba#; Outlook is negative Approximately $#.# billion of debt securities affected New York, November ##, #### -- Moody's...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Bank</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600069077</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600052094</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Financial Corp.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Bank; E*TRADE Financial Corp.</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_145353_600069077</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/615990</link><guid isPermaLink="false">spcred/615990</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Ratings On E*TRADE Financial Corp. And Subsidiary Still On CreditWatch Negative</title><description>The latest News from S&amp;P</description><pubDate>11/29/2007 6:35:32 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">615990</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Investment Banking &amp; Brokerage</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NEW YORK (Standard&amp;Poor's) Nov. 29, 2007--Standard&amp;Poor's Ratings Services said today that its 'B' rating on E*TRADE Financial Corp. (E*TRADE) and its 'BB-' rating on E*TRADE Bank (the Bank) will remain on CreditWatch with negative implications, where they were placed on Nov. 13, 2007. "E*TRADE's announcement today of its transaction with Citadel Investment Group (Citadel) does not provide a full resolution for long-term stability to capital, liquidity, and franchise health," said Standard&amp;Poor's credit analyst Helene De Luca. "E*TRADE is faced with materially increased leverage, lower earnings prospects, client asset attrition, and changes in its securities and loan portfolios. E*TRADE is also faced with servicing the increased debt, where sources of holding company cash, including dividends</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">269246</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40203020 402030 4020 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Financial Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">344207</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">ET</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/615991</link><guid isPermaLink="false">spcred/615991</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Research Update: Ratings On E*TRADE Financial Corp. And Subsidiary Remain On CreditWatch Negative</title><description>The latest Research Update from S&amp;P</description><pubDate>11/29/2007 6:35:32 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">615991</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Investment Banking &amp; Brokerage</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On Nov. 29, 2007, Standard&amp;Poor's Ratings Services said that its 'B' rating on E*TRADE Financial Corp. (E*TRADE) and its 'BB-' rating on E*TRADE Bank (the Bank) will remain on CreditWatch with negative implications, where they were placed on Nov. 13, 2007. E*TRADE's announcement today of its transaction with Citadel Investment Group (Citadel) does not provide a full resolution for long-term stability to capital, liquidity, and franchise health. E*TRADE is faced with materially increased leverage, lower earnings prospects, client asset attrition, and changes in its securities and loan portfolios. E*TRADE is also faced with servicing the increased debt, where sources of holding company cash, including dividends from the Bank, may be limited. The cash infusion of $2.5 billion as</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">269246</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40203020 402030 4020 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Financial Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">344207</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">ET</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">40102010 401020 4010 40</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Bank</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">344208</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">19751Z</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_144369_600069077</link><guid isPermaLink="false">moodys/PR_144369_600069077</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><pubDate>11/14/2007 12:23:34 AM</pubDate><title>Moody's lowers E*TRADE outlook to stable from positive; Ba2 rating affirmed</title><description>Global Credit Research Rating Action ## NOV ####   Rating Action: E*TRADE Bank Moody's lowers E*TRADE outlook to stable from positive; Ba# rating affirmed New York, November ##, #### -- Moody's Investors Service lowered its rating outlook...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Bank</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600069077</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600052094</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Financial Corp.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Bank; E*TRADE Financial Corp.</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_144369_600069077</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/612983</link><guid isPermaLink="false">spcred/612983</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>E*TRADE Financial Corp. Downgraded To 'B' From 'BB-'; Placed On CreditWatch Negative</title><description>The latest News from S&amp;P</description><pubDate>11/13/2007 3:30:30 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">612983</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Investment Banking &amp; Brokerage</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NEW YORK (Standard&amp;Poor's) Nov. 13, 2007--Standard&amp;Poor's Ratings Services said today that it lowered its ratings on E*TRADE Financial Corp. (E*TRADE) to 'B' from 'BB-' and on its subsidiary E*TRADE Bank (Bank) to 'BB-' from 'BB+'. At the same time, we placed the ratings on CreditWatch with negative implications. "The ratings actions are driven by the company's expectations of additional write-downs of its investment securities in the fourth quarter coupled with our view of potential deterioration in its loan portfolios and potential client attrition prompted by headline risk. The CreditWatch is pending further details from management on valuations of the securities and loan portfolios. At this time, the company still has flexibility to delever its balance sheet</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">269246</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40203020 402030 4020 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Financial Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">344207</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">ET</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">40102010 401020 4010 40</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Bank</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">344208</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">19751Z</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/612984</link><guid isPermaLink="false">spcred/612984</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Research Update: E*TRADE Financial Corp. Rating Lowered To 'B' From 'BB-'; Placed On CreditWatch Negative</title><description>The latest Research Update from S&amp;P</description><pubDate>11/13/2007 3:30:30 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">612984</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Investment Banking &amp; Brokerage</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On Nov. 13, 2007, Standard&amp;Poor's Ratings Services lowered its ratings on E*TRADE Financial Corp. (E*TRADE) to 'B' from 'BB-' and on its subsidiary E*TRADE Bank (Bank) to 'BB-' from 'BB+'. At the same time, we placed the ratings on CreditWatch with negative implications. The ratings actions are driven by the company's expectations of additional write-downs of its investment securities in the fourth quarter coupled with our view of potential deterioration in its loan portfolios. We also note the potential for client attrition prompted by headline risk, a weakening balance sheet, SEC investigation, and investor lawsuits. These risks offset the strong retail brokerage business metrics for October and the third quarter, against the backdrop of strong industry-wide investor activity</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">269246</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40203020 402030 4020 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Financial Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">344207</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">ET</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">40102010 401020 4010 40</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">E*TRADE Bank</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">344208</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">19751Z</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_141946_600069077</link><guid isPermaLink="false">moodys/PR_141946_600069077</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><pubDate>10/10/2007 12:20:04 AM</pubDate><title>Moody's affirms E*TRADE's Ba2 rating; outlook remains positive</title><description>Global Credit Research Announcement # OCT ####   Announcement: E*TRADE Bank Moody's affirms E*TRADE's Ba# rating; outlook remains positive New York, October ##, #### -- Moody's Investors Service affirmed the ratings of E*TRADE Financial...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Bank</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600069077</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600052094</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Financial Corp.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">E*TRADE Bank; E*TRADE Financial Corp.</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_141946_600069077</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/srp/21365</link><guid isPermaLink="false">srp/21365</guid><srp:index_mode xmlns:srp="http://www.alacra.com/srp">norm</srp:index_mode><description>...Address:### East ##th Street, New York, New York ##### Incorporated:DelawareWeb Site: www.etrade.comSIC Classification: Security Brokers, Dealers, and Flotation Companies (####) Business Description: E*TRADE Financial Corporation provides financial services including brokerage, banking and lending for retail, corporate and institutional customers. Indices:Russell ####, Russell ####, S&amp;P ### IPO Date: ##-##-####...

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