Charles Schwab
Equity management platform Qapita raises US$26.5 million in Series B round led by Charles Schwab Corporation
The funds will go towards US expansion, building new fund administration product
Charles Schwab expands 24-hour trading to all its retail clients
Schwab’s retail clients will be able to trade a wider range of securities 24 hours, five days a week, the firm say
Charles Schwab’s fourth-quarter profit soars on higher asset management fees
BROKERAGE firm Charles Schwab said on Tuesday (Jan 21) that its profit rose 44 per cent in the fourth quarter driven by a jump in asset management fees, sending its shares up more than 6 per cent in p...
Charles Schwab eyes spot crypto trading once regulations change
CHARLES Schwab’s incoming chief executive officer, Rick Wurster, said the firm is looking to offer spot cryptocurrency trading once US regulations make doing so easier – something that’s more likely o...
Morgan Stanley widens gap as banks’ wealth units add US$5 trillion
MORGAN Stanley’s record quarter in wealth management capped a banner period for one of Wall Street’s most-profitable businesses.
Schwab shares soar on earnings beat as company pays down costly debt
Its shares rise 9.3% in early trading in New York
Brokerage Charles Schwab’s long-time CEO Bettinger to retire
CHARLES Schwab said on Tuesday (Oct 1) that president Rick Wurster will succeed long-time CEO Walt Bettinger, paving the way for a change of guard at the brokerage firm after 16 years.
Schwab, Fidelity, other online brokerages face disruption on frenetic trading day
ONLINE services at brokerages Charles Schwab and Fidelity Investments faced an outage on Monday (Aug 5), frustrating investors looking to trade on a day when many dumped anything risky from stocks to ...
Charles Schwab to roll out alternatives platform for qualified investors
CHARLES Schwab is planning to roll out an alternative investments platform in phases for individual investors this year.
Schwab revenue tops estimates following last year’s tumult
CHARLES Schwab’s first-quarter net revenue topped estimates as the retail brokerage tries to put 2023’s turbulence behind it.