As Silicon Valley Bank imploded and shares of regional banks tumbled earlier this month, investors ramped up their scrutiny of Charles Schwab —and sent shares spiraling downward. Executives, including founder…
Tag: Schwab
Charles Schwab Announces Strong Core Net New Assets for Period Ending 3/16/23
WESTLAKE, Texas–(BUSINESS WIRE)– The Charles Schwab Corporation today announced it has seen strong inflows from clients over the last week. Over the past five trading days (3/10/23-3/16/23), clients have continued…
Schwab Clients Pull $8.8 Billion From Prime Funds This Week
(Bloomberg) — Charles Schwab Corp. was hit with $8.8 billion in net outflows from its prime money market funds this week as investors scrutinized the brokerage’s resilience amid questions about…
United Airlines, First Republic, Charles Schwab
United Airlines (UAL) United Airlines stock fell more than 7% after the company said it expects to see a quarterly loss stemming from its labor contract. United now sees a…
Charles Schwab Named No. 1 Online Broker by Investor’s Business Daily
WESTLAKE, Texas–(BUSINESS WIRE)– Charles Schwab has been named the top online brokerage firm by Investor’s Business Daily (IBD).In its 11th annual report of the Best Online Stock Brokers, Schwab ranked…
Schwab Declares 14% Increase in Quarterly Common Stock Dividend and Declares Preferred Stock Dividends
WESTLAKE, Texas–(BUSINESS WIRE)– The Board of Directors of The Charles Schwab Corporation at its meeting today declared a 3 cent, or 14%, increase in the regular quarterly cash dividend to…
Schwab Charitable Donors Surpass $4.7 Billion in Grants to Charities In 2022
Grants continued to increase year-over-year amid turbulent market and economic environment SAN FRANCISCO–(BUSINESS WIRE)– Schwab Charitable™, one of the largest national providers of donor-advised funds and other philanthropic resources, reports…
Charles Schwab and Girl Scouts of the USA Modernize Curriculum for Financial Literacy Badges
New Girl Scouts curriculum addresses gender bias, fosters economic empowerment, and aligns to current financial education best practices WESTLAKE, Texas–(BUSINESS WIRE)– In time for Girl Scout Cookie season, Charles Schwab…