Articles tagged "Schwab Bank"
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Charles Schwab Corp. gets over 'hump' after furious bond rally takes bite out Schwab Bank's $19.6 billion in unrealized losses, though debt overhang could still take a decade to erase
The Westlake, Texas, brokerage's stock plunged 33% last Spring, but has clawed back as unrealized losses fall $4 billion on possibility of Fed rate cut in 2024.
December 28, 2023 at 2:01 AM
Charles Schwab Corp. goes back on offense in banking -- promising to pump out discount loans with RIA help -- after rapid Fed rate hikes exposed extreme vulnerability in bank's asset base
After dodging classic rate squeeze, the discount broker will use its 10,000 RIA custody clients to put cash to work as equity loans against client portfolios
August 8, 2023 at 1:17 AM
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