Talk about a plague of troubles. E-Trade, poster child of the once-glittering online brokers, suffered a 70% drop in customer sign-ups in the June quarter from a year ago. Trading volume fell 30%. Total customer assets were off $8 billion. With revenues likely to drop 14% to $1.3 billion for the fiscal year ending Sept. 30, E-Trade hopes to roughly break even.
展开▼
