E*Trade reports 4th-quarter profit after 2012 loss
January 23, 2014 at 16:39 PM EST
NEW YORK, Jan 23 (Reuters) - One year after hiring a new chief executive to help it recover from a near brush with bankruptcy, E*Trade Financial Corp said it earned $57.9 million in the fourth quarter, reversing a year-earlier loss, as clients revved up trading while costs for bad loans fell.