Charles Schwab to close Singapore office [Reuters]
Charles Schwab Corporation (The) (SCHW)
Last charles schwab corporation (the) earnings: 4/15 08:45 am
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Source: Reuters
Charles Schwab to close Singapore office (Reuters) - Discount brokerage company Charles Schwab Corp ( SCHW.N Charles Schwab had opened its Singapore office in late 2017 to provide greater access of the U.S. market to investors in Singapore and Asia, who are often underexposed due to high transaction fees. The launch of the office had come after integration and account migration from optionsXpress, a derivatives trading platform that Charles Schwab acquired in 2011. The company, which provides brokerage and financial advisory services, reported an 8% year-on-year jump in second-quarter net income at $937 million. As of July, it had total client assets of $3.75 trillion. The company did not immediately respond to a Reuters request for comment on whether the step will lead to layoffs. Reporting by Rishika Chatterjee in Bengaluru; Editing by Rashmi Aich Our Standards: The Thomson Reuters Trust Principles.
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SCHW
News
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- The Charles Schwab Corporation (SCHW) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Sequoia Fund - Charles Schwab: Enviable, High-Return Franchise Entirely Intact [Seeking Alpha]Seeking Alpha
- The Charles Schwab Co. (NYSE: SCHW) was upgraded by analysts at TD Cowen from a "market perform" rating to an "outperform" rating. They now have a $87.00 price target on the stock.MarketBeat
SCHW
Earnings
- 1/17/24 - Beat
SCHW
Sec Filings
- 3/26/24 - Form 4
- 3/26/24 - Form NPORT-P
- 3/25/24 - Form 4
- SCHW's page on the SEC website