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Non-Tech : E*Trade (NYSE:ET)

ET 16.71

+1.7%

Nov 28 9:30 AM EST

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To: Spytrdr who wrote (8122)	8/20/1999 8:43:00 AM
From: Spytrdr	Read Replies (1) of 13953

Friday August 20, 3:08 am Eastern Time Softbank unit to brief on group business TOKYO, Aug 20 (Reuters) - Softbank Finance Corp, a wholly owned subsidiary of Softbank Corp , said on Friday it would hold a briefing on September 1 in Tokyo to report on its business strategy and current conditions of Softbank group firms. Softbank Finance Corp said it also plans to announce the new brokerage fees of its online brokerage firm ETrade Japan from October 1 when brokerage fees will be liberalised. Softbank owns 100 percent of Softbank Finance Corp which itself owns stakes in the following companies. Softbank Finance's ownership E-Advisor Co Ltd 72 percent ETrade Japan KK 58 percent E-Loan Japan KK 60 percent Insweb Japan KK 55 percent Cybercash Japan KK 16.6 percent Softbank Accounting Corp 100 percent Softbank Investment Co Ltd 100 percent Forexbank Co Ltd 58 percent Morningstar Japan KK 37.9 percent

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