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

Extended trading hours, also known as overnight trading, have become more common since the pandemic fuelled a surge in amateur investing.

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

The results are the first under new CEO Rick Wurster’s watch and could set the tone for the company.

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 currently offers crypto-linked exchange-traded funds and crypto futures.

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...

Client assets at retail brokerage Charles Schwab and the wealth arms of the six largest US banks surged US$5 trillion in the 12 months through September.

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.

Walt Bettinger, who became CEO in late 2008, will retire from his role at the end of the year but continue as the executive co-chair of the board, brokerage Charles Schwab said.

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.

Charles Schwab was down for more than 3,400 users.

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 ...

Schwab made public earlier this month that chief financial officer Peter Crawford will be retiring.

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’s deposits have been watched closely as consumers sought higher-yielding alternatives amid escalated interest rates.

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.