Retail Brokerage

The new Robinhood app by 20-somethings Baiju Bhatt and Vlad Tenev offers investors the ability to buy and sell stocks for free.
Morgan Stanley CEO-designate James Gorman seeks to dominate U.S. retail brokerage by smoothly integrating Citi’s Smith Barney unit. “We are creating a distribution giant with a lot of muscle,” says Gorman.