NEW YORK--(BUSINESS WIRE)--E*TRADE Financial Corporation (NASDAQ:ETFC) today announced a restructuring of its bank balance sheet liabilities to eliminate the entirety of its $4.4 billion of wholesale funding obligations by quarter end. The action significantly improves the Company’s balance sheet composition by immediately removing high-cost funding, while creating capacity to onboard low-cost deposits over the next several quarters. “Today’s announcement marks another significant step forward
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