Among the top performers were Charles Schwab Corp. and Deutsche Bank's U.S. operations, while regional lenders Citizens Financial Corp. and US Bancorp were the laggards of the pack.
Market volatility in the wake of Russia's invasion of Ukraine led major mutual fund companies to reiterate guidance to investors on weathering the storm.
Charles Schwab employees are getting a pay bump as the firm’s core new assets reached a record $257 billion.
Robinhood dodged a major blow to its business model following a vote by the House Financial Services Committee that resulted in the quiet shelving of an initial legislative effort to ban a practice known as "payment for order flow," FOX Business has learned.
Robinhood is the newest publically traded online brokerage, joining Interactive Brokers and Charles Schwab.
Charles Schwab Corp.’s profit slipped in the three months through June as the retail trading frenzy that was born amid the pandemic cooled.
Charles Schwab Corp is suing one of its former customers after the retail brokerage allegedly sent more than $1.2 million to an account of the Louisiana woman and then could not get the money back.
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