Press Releases

3/5/08 5:15 am PST
SAN FRANCISCO--(BUSINESS WIRE)--Advisors are much less optimistic about the U.S. economy, according to the latest Schwab Institutional study of independent registered investment advisors. Forty-one percent of advisors surveyed in the second half of January say the S&P will fall in the next six months, as compared to just 18 percent who felt that way in July 2007. And although Federal Reserve Chairman Ben Bernanke’s approval rating with more...
2/19/08 5:30 am PST
NEW YORK--(BUSINESS WIRE)--At the International Traders Expo in New York today, Charles Schwab announced several enhancements designed to improve the overall trading experience for its most active traders. These include multiple upgrades to Schwab’s suite of web-based and software trading platforms and a personalized welcome service to help new clients get quickly oriented to Schwab’s active trading services. “We more...
2/14/08 5:45 am PST
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of January 2008 include: Net new assets brought to the company by new and existing clients in January 2008 totaled $11.1 billion. Total client assets were $1.396 trillion as of month-end January, up 10% from January 2007 and down 3% from December 2007 more...
2/13/08 5:05 am PST
SAN FRANCISCO--(BUSINESS WIRE)--Schwab Charitable, one of the country’s largest and fastest growing nonprofits, announced total contributions to its national donor-advised fund have exceeded $3 billion since its inception. Created with a mission to increase charitable giving nationwide, Schwab Charitable Fund™ achieved the $3 billion milestone as it ended its most productive year for charitable contributions. In 2007, the Fund received more more...
2/11/08 5:30 am PST
SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab’s Gen X Money Mindsets Study, a segmentation study of more than 5,000 Americans aged 25-40 found that younger investors generally fall into six distinct categories based on their mindsets and attitudes toward money. The study also overturned some commonly held beliefs about Gen Xers and their attitudes toward finances, investing, and achieving the “American Dream.” “ more...
2/4/08 2:11 pm PST
SAN FRANCISCO--(BUSINESS WIRE)--Building on the success of its innovative suite of Fundamental Index mutual funds, Charles Schwab Investment Management, the asset management subsidiary of the Charles Schwab Corporation, has added two new international funds to its lineup. The new Schwab Fundamental International Small-Mid Company Index Fund and the Schwab Fundamental Emerging Markets Index became available on January 31, 2008. They are the more...
2/4/08 1:00 pm PST
SAN FRANCISCO--(BUSINESS WIRE)--Only 13 percent of Americans ages 25-40 feel strongly that they’re on the right track for retirement and know exactly what they need to do to prepare, according to a new study commissioned by Charles Schwab. The vast majority (89 percent) of this age group admit to having at least one major financial concern regarding retirement, yet nearly four out of every five (78 percent) agree that, for now, retirement planning takes more...
1/24/08 1:16 pm PST
SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.05 per common share. The dividend is payable February 22, 2008 to stockholders of record February 8, 2008. About Charles Schwab The Charles Schwab Corporation (Nasdaq:SCHW) is a leading provider of financial services, with more than 300 offices and 7.0 million client brokerage accounts, 1.2 more...
1/24/08 9:15 am PST
SAN FRANCISCO--(BUSINESS WIRE)--Chuck Schwab, founder of The Charles Schwab Corporation and chairman of Charles Schwab Foundation, has been named chairman of the newly-formed President’s Advisory Council on Financial Literacy. The mission of the Advisory Council is to bring national attention to the need for better financial education and to find ways to improve financial literacy for all Americans. President Bush signed the Executive Order more...
1/16/08 5:45 am PST
SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation announced today that its income from continuing operations (which excludes the impact of U.S. Trust) was $305 million for the fourth quarter of 2007, up 36% from the fourth quarter of 2006. For the year ended December 31, 2007, the company’s income from continuing operations was a record $1.1 billion, up 26% from 2006. more...

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