Insiders say Morgan Stanley's $13 billion E-Trade deal could kick off a buying spree for wealth-management fintechs. Here's why banks are ready to 'open up their pocketbooks' and what it means for startup valuations.

Business Insider

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· Venture and growth-stage investors tell Business Insider Morgan Stanley's planned acquisition of E-Trade for $13 billion is a sign of further dealmaking to coming in 2020 for fintechs in the wealth management space. 
· The deal shows banks' recent willingness to look externally for ways to evolve or expand their process,...

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