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Stock Market & Financial Investment News

News Breaks
February 14, 2013
08:48 EDTSCHWCharles Schwab reports January activity highlights
Company highlights for January include: net new assets brought to the company by new and existing clients totaled $12.1B, including a $2.2B inflow related to a mutual fund clearing services client. Total client assets were a record $2.01 trillion as of month-end January, up 16% from January 2012 and up 3% compared to December 2012. Client daily average trades were 504.7 thousand, up 8% compared to January 2012 and up 5% compared to December 2012. January 2013 trading activity included a 12% sequential increase in daily average revenue trades.
News For SCHW From The Last 14 Days
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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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