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Articles tagged "Walter Bettinger"


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Walt Bettinger:  [Exiting Russia] was the right thing to do.

Schwab shares surge 6% after it hardens TD Ameritrade merger date and affirms its $1.8-billion-plus in synergies, though it got burned by having engineers in the wrong place at the wrong time

The $8-trillion Texas firm had to rewire TDA's signature 'thinkorswim' software after learning engineers were based in heavily sanctioned Russia

October 27, 2022 at 10:23 PM

Walt Bettinger is playing his crypto cards carefully.

Schwab's late entry into the 'crypto' game with a 'spaghetti' product just might be primo

With investors undeterred by crypto winter, the SEC offering wiggle room and Fidelity, a largely unopposed giant, threatening to run away with the market, CEO Walt Bettinger makes a bold leap from even two years ago.

August 3, 2022 at 1:59 AM

Walt Bettinger and Chuck Schwab co-hosted the virtual annual meeting last year and tweeted out this photo.

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

The 84 year-old founder's elevation of his 61-year-old protege may foretell bigger fireworks from Rick Wurster who recently took over many of Bettinger's CEO duties, one executive recruiter says.

July 30, 2022 at 12:41 AM

Walt Bettinger: I kept saying, ‘I have no issue with that whatsoever.'

Walt Bettinger finally arrives in Omaha, Neb., to meet-and-greet ex-TDA staff and the local press, offering a good story to tell and liberalized post-Covid work policies

The Charles Schwab Corp. CEO traveled to TD Ameritrade's former headquarters with senior TDA staff, buoyed by the happy news that headcount jumped by 300.

March 23, 2022 at 2:24 AM

Rick Wurster has broad authority over Schwab retail, RIA custody, 401(k), international and asset management.

Walt Bettinger sheds 'president' title and Bernie Clark gets new boss as Schwab appoints Rick Wurster as president and No. 2 in charge

The Schwab CEO gets 2016 'Windhaven' hire to share burden of governance from enormity of $8-trillion post-TDA, post-USAA, post-Motif growth.

December 20, 2021 at 11:59 PM

Walt Bettinger: Investors [opened] over a million new brokerage accounts for the fourth consecutive quarter.

Charles Schwab Corp. stock finally blasts past $80 starring the RIA custody unit's record $81 billion in net new assets

The Westlake, Texas broker-dealer's market cap surpassed $152 billion today after disclosing year-to-date assets have grown by close to $1 trillion

October 15, 2021 at 10:42 PM

Walt Bettinger: 'This increase is a way to reward our talented employees for their contributions and their relentless commitment.

Citing 100% increase in net new assets, Charles Schwab Corp. will give staff 5% 'special' pay raise that leaves one HR analyst doing a double-take

As talent wars rage in call center meccas like Dallas and business booms, the Westlake, Texas firm commits to a leap in overhead

August 20, 2021 at 12:01 AM

Joe Martinetto says Schwab's best-case closing date for its final integration with TD Ameritrade had to be pushed out 12 months.

Broadsided by good fortune, Charles Schwab Corp. pivots to fill service capacity deficit, rethink TD Ameritrade integration timetable and unleash 'mystery shoppers' to scout rivals

The third-party sleuths informed Schwab its service betters most peers. An unassuaged CEO Walt Bettinger still moved to shift resources that will push back final unification with Omaha-based TDA.

April 27, 2021 at 6:03 AM

Walt Bettinger: We recognize well what's going on.

Charles Schwab & Co. is a budding cryptocurrency convert and will enter the market in a big, 'disruptive' way, says its CEO--but not before the SEC says it barks or quacks

The $7-trillion Westlake, Texas brokerage previously said its RIAs were indifferent to digital assets ; now Schwab CEO Walt Bettinger admits clients are excited. .

April 24, 2021 at 3:04 AM

Walt Bettinger is abiding by what Homeland Security demands, the firm says.

Why Charles Schwab staffers are still waving COVID-19 red flags even after Walt Bettinger capitulated to allow most of them to work at home

Schwab employees cite outdated phone systems, using vacation days to stay safe and confusion, but firm says CEO is contending with unrevealed Homeland Security regs that supersede germ fears

April 1, 2020 at 3:44 AM

Walter Bettinger: 'There may be some re-papering required and some where it’s not required.'

Walt Bettinger sugarcoats nothing to TD Ameritrade RIAs about re-papering or technology and he calls 'modest' the importance of RIA revenues to Schwab

The Schwab CEO stressed his soon-to-be Fort Worth, Texas-based firm's emerging alpha status: 'We're on offense. We press those advantages'

November 26, 2019 at 2:09 AM

Charles 'Chuck' Schwab: I grew to hate the whole idea of limits.

Charles Schwab, a true American oligarch, shows no signs of slowing at 82, throwing his substantial fortune behind Donald Trump, hard-right politics and his continuing financial services revolution

The billionaire is dumping San Francisco's liberal warrens for full-time residence in the exclusive enclave of Atherton, Calif., where he'll rub shoulders with other billionaires.

November 5, 2019 at 3:35 PM

Chuck Schwab: I’m not sure [we’ll stay] … we’ll continue looking at that as a possibility.

Charles Schwab & Co. may skip out of San Francisco entirely with Google, Facebook and Salesforce driving rents and talent costs sky high

Chuck Schwab sounded off by blaming taxes but then admitted free-market forces may push the headquarters back toward Colorado and Texas

June 24, 2019 at 8:07 PM

Ram Subramaniam : This move will strengthen our leadership position

Fidelity and Schwab one-two $4.95 price punch staggers industry with execs willing to go 'far, far, far further'

As the Boston and San Francisco giants forgo hundreds of millions in profits in play-for-market-share in higher-margin businesses -- like advice

March 2, 2017 at 8:03 PM

Sophie Schmidt: I think they're taking a very bold approach.

Schwab is accelerating its software upgrading pace on the back end

The San Francisco-based firm's front-end technology surpasses the system's foundation, which is OK for now, but the bill is coming due

March 24, 2015 at 8:18 PM

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