The Charles Schwabe Corporation reported in an SEC filing Monday it plans to close or downsize some corporate offices and reduce its headcount to cut costs.

Schwab has had to turn to supplementary funding sources to counter an uncertain economic environment.

Charles Schwab Corp. SCHW, -0.20% late Monday said it plans to reduce costs to the tune of $500 million a year through a “lower” employee headcount and professional services, without providing more...

Generation Investment, chaired by former Vice President Al Gore, bought Applied Materials stock, and sold Salesforce, Mastercard, and Schwab stock in the second quarter.

Schwab's (SCHW) inorganic growth efforts are expected to be earnings accretive. However, these will lead to an increase in expenses in the near term, thus hurting profits.

Schwab's (SCHW) July 2023 core net new assets decline. The main reason for lower new asset flows is the attrition of TD Ameritrade retail and advisory clients.

Charles Schwab Corporation Common Stock (NYSE:SCHW) was last seen down 2.2% to trade at $60.43, as bank stocks take a hit following a dire warning.

Client attrition after the fallout of the merger between Charles Schwab and TD Ameritrade is still in-line or slightly better than the company's predictions for the year, but Charles Schwab stock c...

Charles Schwab Corp. SCHW, -2.84% said Monday the attrition of clients as part of its 2019 acquisition of Ameritrade “will be in-line with or slightly better than our initial estimates.” About 4% o...