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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Charles Schwab Corp

Charles Schwab Corp stories: 3 news summaries

 Day Traders Jump Back 
 Into the Game 

Low interest rates entice small, leveraged players

Sep 16, 09 8:07 AM CDT
(Newser) - Trading volume is rising on Wall Street, but it’s not because of renewed confidence from long-term investors. The surge has instead been powered by a 14% jump from online brokerages like Charles Schwab and TD Ameritrade, and much of the money has been funneled into volatile parts of the... More »

MORE ABOUT:
investing • stock market • Wall Street • E*Trade • TD Ameritrade • Charles Schwab Corp • Leverage • traders

(Newser) - The New York attorney general has told Charles Schwab he will sue the brokerage for civil fraud over its marketing of securities to clients, reports the Wall Street Journal. Andrew Cuomo alleges that Schwab's brokers had little understanding of the financial instruments and then failed to inform clients that the... More »

MORE ABOUT:
debt • lawsuit • Andrew Cuomo • liquidity • brokerage • Charles Schwab Corp • auction-rate securities • brokers • financial crisis

Shakeup May Signal E*Trade's Availability

New chairman could steer struggling brokerage toward buyer

Mar 3, 08 10:48 AM CST
(Newser) - E*Trade Financial, stung by mortgage- and mortgage-backed securities market losses, is adding CEO to chairman Donald Layton's duties. The company may be dolling itself up for a possible sale by polishing its tarnished image, the Wall Street Journal reports. Since Layton, 57, became chairman in November, the brokerage has rebounded... More »

MORE ABOUT:
online brokers • Citadel Investment Group • mortgage backed securities • subprime crisis • E*Trade • Donald Layton • TD Ameritrade • Charles Schwab Corp • JPMorgan Chase

3 Stories


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