Charles Schwab Credits Gain On The Sale Of Its U.S. Trust To Big Jump In Its Third-Quarter Earnings

Brokerage firm Charles Schwab is crediting a gain on the sale of its U.S. Trust wealth management business to a big jump in its third-quarter earnings.

The San Francisco-based firm says it earned 1.53 billion dollars, or $1.28 per share, for its most recent quarter.

Schwab also says new assets brought in my clients helped it to reach a record 1.441 trillion dollars in total client assets as of the end of September.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 10550282 - kolotv.com/a?a=10550282
Gray Television, Inc.