The Charles Schwab Corp. in the News
Charles Schwab's longtime CEO to retire
Walt Bettinger to retire from his longtime position as Charles Schwab’s CEO at the end of 2024. It will mark the end of Bettinger’s 16-year tenure as CEO.
US banks shrug off turmoil to ace Fed's annual health checks
Among the top performers were Charles Schwab Corp. and Deutsche Bank's U.S. operations, while regional lenders Citizens Financial Corp. and US Bancorp were the laggards of the pack.
Major mutual fund companies double down on explaining market volatility during unrest
Market volatility in the wake of Russia's invasion of Ukraine led major mutual fund companies to reiterate guidance to investors on weathering the storm.
Charles Schwab boosts pay, delays return to office
Charles Schwab employees are getting a pay bump as the firm’s core new assets reached a record $257 billion.
Robinhood gets boost as Congress declines ban – for now – on sales tactic
Robinhood dodged a major blow to its business model following a vote by the House Financial Services Committee that resulted in the quiet shelving of an initial legislative effort to ban a practice known as "payment for order flow," FOX Business has learned.
Interactive Brokers CEO welcomes Robinhood to big leagues
Robinhood is the newest publically traded online brokerage, joining Interactive Brokers and Charles Schwab.
Charles Schwab trading volume plunges as retail trading frenzy cools
Charles Schwab Corp.’s profit slipped in the three months through June as the retail trading frenzy that was born amid the pandemic cooled.
Schwab sues former client after accidental transfer of $1.2 million
Charles Schwab Corp is suing one of its former customers after the retail brokerage allegedly sent more than $1.2 million to an account of the Louisiana woman and then could not get the money back.