Investing giant Charles Schwab is planning on downsizing and becoming a smaller bank in the future in an attempt to remain profitable. The news didn’t sit well with investors, sinking Charles Schwab stock by 10.18%.
In a conference call with analysts on Tuesday, Charles Schwab...
Brokerage firm Charles Schwab shared its second-quarter numbers this week, reporting stronger performance than the majority of analysts expected. This helped the company’s shares to take a 13% jump on Tuesday.
The Texas-based company saw a 9% revenue decline compared to the same period in...
