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Short Take: E*Trade teams with Softbank for Korea operation

Online brokerage E*Trade Group has signed a master licensing agreement with Tokyo-based Softbank to develop E*Trade Korea. Softbank also is E*Trade's joint venture partner in the recently established E*Trade Japan. During the past three months, E*Trade has signed agreements to either inaugurate service, or begin the development of the E*Trade brand, in more than 30 countries worldwide, including Australia, Germany, Israel, and the United Kingdom.

Online brokerage E*Trade Group has signed a master licensing agreement with Tokyo-based Softbank to develop E*Trade Korea. Softbank also is E*Trade's joint venture partner in the recently established E*Trade Japan. During the past three months, E*Trade has signed agreements to either inaugurate service, or begin the development of the E*Trade brand, in more than 30 countries worldwide, including Australia, Germany, Israel, and the United Kingdom.