Peter Crawford News

23.05 / 15:03
UPS Platform Citigroup Trade reports Schwab to offer alternative investments for qualified investors
Charles Schwab Corp. is planning to roll out an alternative investments platform in phases for individual investors this year. 
16.07 / 15:52
markets UPS Platform pandemic Trade reports Schwab stock tumbles on brokerage account openings miss
Charles Schwab Corp. reported that fewer clients opened new brokerage accounts with the investing giant than analysts expected, sending shares of the company down in early trading. 
15.04 / 16:23
UPS reports Schwab Q1 revenue tops estimates
Charles Schwab Corp.’s first-quarter net revenue topped estimates as the retail brokerage tries to put 2023’s turbulence behind it.
15.02 / 01:59
markets COST UPS Cycling reports Another setback for Schwab as net new assets decline again
Following a protracted period of pain in 2023, Charles Schwab encountered yet another setback in January as it saw a steep decline in asset flows.
17.01 / 17:25
UPS security BURST Trade reports rights Schwab saw decline in net new assets in Q4
Charles Schwab Corp.’s shares tumbled after the brokerage reported declines in profit, new assets and deposits as it navigated a tumultuous year of interest rate hikes that dented the firm’s balance sheet.  
17.01 / 16:20
markets COST UPS Trade reports Charles Schwab posts annual income decline
Investing.com — Charles Schwab (NYSE:SCHW) has reported a 22% dip in net profit in 2023, as the financial services group said it dealt with «challenges» posed by a tighter interest rate environment.
16.10 / 14:09
Platform Action reports Schwab net interest revenue drops 24% as clients move cash
Charles Schwab Corp. reported Monday that its net interest revenue sank 24% to $2.2 billion from the year prior as clients moved cash into higher-yielding products.
15.09 / 17:35
Schwab says TD integration depressed client inflows
Charles Schwab Corp. said it has been temporarily affected by attrition from clients as it integrates TD Ameritrade, leading to a decline in net new money for the company last month.
14.08 / 14:43
TD Ameritrade integration spurring retail, advisory attrition: Charles Schwab
Charles Schwab Corp. said it’s experiencing temporarily lower net flows of client money as the brokerage sees attrition of some retail and advisory clients’ assets while it integrates TD Ameritrade into its business.
14.08 / 13:47
Deal Schwab says TD Ameritrade deal causing retail, advisory attrition
Charles Schwab Corp. said it’s experiencing temporarily lower net flows of client money as the brokerage sees attrition of some retail and advisory clients’ assets while it integrates TD Ameritrade into its business.
18.07 / 20:49
UPS Lowe's Exodus Charles Schwab shares rise as worst is over following deposit flight
Charles Schwab Corp.’s shares advanced after executives suggested the worst is over for the brokerage following an exodus of bank deposits amid the worst U.S. financial crisis since 2008.
18.07 / 13:03
COST CEO Charles Schwab results are in – and they’re down
Earnings season is truly upon us and there have been some stellar results announced-  Just a few days ago JP Morgan Chase announced net income of $14.5 billion which is a jump of 67%. Unsurprisingly, CEO Jamie Dimon was pleased. “We reported another quarter of strong results, generating net income of $13.3 billion and an ROTCE of 23% after excluding a net after-tax gain of $1.8 billion relating to the First Republic transaction, as well as discretionary after-tax investment securities losses of $0.7 billion,” He said in a statement.

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