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Us Brokerage

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business2 years ago

Charles Schwab's Brokerage Tactics Tested by Rate Rises.

Charles Schwab's pricing tactics in the US brokerage industry are being tested as interest rates rise, leading to increased costs for the company. Schwab has been a leader in the industry's price wars, offering low-cost or free trades to attract customers. However, the company may need to adjust its strategy as rising rates make it more expensive to maintain these offers.