New York, June 08, 2014 -- Moody's Investors Service upgraded E*TRADE Financial Corporation's senior debt rating to B1 from B2. E*TRADE Bank's bank financial strength rating was upgraded to D from D-, mapping to a baseline credit assessment of ba2, and its long-term deposit rating was upgraded to Ba2 from Ba3. The upgrades result from E*TRADE's improved financial performance and the success of management's efforts to mitigate balance sheet exposures.
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