Press Releases

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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