S&P: E*Trade view stable

Standard & Poor's said it affirmed its ratings on E*Trade Financial Corp., including its B- counterparty credit rating and B- senior unsecured debt ratings.

S&P also affirmed its ratings on E*Trade Bank, including the B+/B counterparty credit and certificate of deposit ratings.

The outlooks on both entities were revised to stable from developing.

"The outlook revision to stable reflects our view that E*Trade has met key quantitative goals of its strategy and capital plan, which the company submitted to regulators in mid-2012," S&P credit analyst Charles Rauch said in a news release.

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