Charles Schwab's Robust Business and $53B Influx of New Client Assets Calm Investor Concerns.

1 min read
Source: Bloomberg
Charles Schwab's Robust Business and $53B Influx of New Client Assets Calm Investor Concerns.
Photo: Bloomberg
TL;DR Summary

Charles Schwab Corp. reported $53 billion in core net new client assets in March, the second-highest for that month in the firm's history. The company's founder and CEO sought to calm investor concerns about its outlook after attention turned to unrealized losses in its financial statements.

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