E-Trade Financial Corp.

E-Trade Financial Corp. said that it is closing its customer-service and operations center in south Charlotte, North Carolina, effective soon. The company said that the closing will end 248 jobs. The closure is a result of the company's decision to reduce expenses. Affected employees have been offered severance packages, career-transition services and extended medical coverage. New York-based E-Trade Financial markets financial services to retail and institutional customers worldwide. Its online brokerage handles trades for equities, currencies, futures, options and mutual funds.