NEW YORK - E-Trade Financial Corp. said Monday it has completed the sale of its shares in IL&FS Investsmart Ltd., an India-based financial services organization, to HSBC through subsidiary E-Trade Mauritius Ltd.
| ETFC | 0.9 |
The sale will bring in about $145 million in proceeds to E-Trade.
Shares closed down 85 cents, or 24.6 percent, at $2.60.
NAME_Timothy F. Geithner AGE-BIRTH DATE-LOCATION-47; August 18, 1961, New York City.
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