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Stock Market & Financial Investment News

News Breaks
December 2, 2012
13:35 EDTETFC, AMTD, SCHWOnline brokers retreating overseas amidst trading volume decline, Barron's says
Due to new licensing requirements, laws, a decline in trading volume, especially in equities, and new taxes E-Trade (ETFC), TD Ameritrade (AMTD), and Charles Schwab (SCHW) are closing or minimizing their online trading capabilities in European countries and Australia, Barron's contends. Reference Link
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August 27, 2014
06:58 EDTSCHWMorgan Stanley wins $15M arbitration suit vs. Schwab, Reuters says
A Financial Regulatory Authority arbitration panel in San Francisco ruled that Morgan Stanley (MS) won a $15M arbitration lawsuit against Charles Schwab (SCHW), who accused the bank of unlawfully recruiting brokers from a Schwab San Francisco division that left with confidential data, according to Reuters, citing comments from a Charles Schwab spokesman. The ruling ended a disagreement which had lasted two years. Reference Link

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