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After paying $22 billion of shares to buy TD Ameritrade, Chuck Schwab is preparing to spend $15 billion in hard cash to buy his own 'Schwabitrade' stock-- spiking shares in after-hours trading

The all-stock 2020 transaction for the Omaha, Neb. rival left plenty of dry powder to do a massive share buyback -- and signal bullishness about the ongoing, unseen systems integration

Author Brooke Southall July 28, 2022 at 4:21 AM
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Chuck Schwab: 'We see these actions as part of an overall evolution of the Schwab story.'

Charles Schwab

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The Charles Schwab Corp.



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March 9, 2023 at 1:23 AM

Chuck Schwab reveals Part B, doubling-down on Walt Bettinger by making him co-chair, a day after Part A -- wagering $15 billion from the Schwab corporate treasury on the CEO's future leadership

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May 6, 2025 at 12:42 AM

2025 will be the year of 'Under New Management' in RIA business, after 2024 brought profusion of CEO-level fires, hires and deals

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