Recent events
Recent events tied to this brand in public sources.
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2026
Charles Schwab announces planned tax-aware long-short offering
Charles Schwab CEO Rick Wurster said the brokerage plans to offer its own version of a tax-aware long-short strategy. Schwab provided no launch timeline.
2026
Meta's Muse AI launch sparks selloff in brokerage stocks
Meta's latest consumer AI product, Muse, has sent shockwaves through financial markets: shares of brokerage Charles Schwab fell 6% on Tuesday, touching their lowest since early July and leaving the stock down more than 8% since Meta announced Muse, while Robinhood shares rose to another year-to-date high. Meta's AI assistant says it won't trade for users or give financial advice, but lists abilities including tracking investments and progress towards goals and analyzing how portfolio holdings fit together.
2021
Schwab cuts employees during TD Ameritrade integration
Charles Schwab made another round of job cuts as it continued integrating TD Ameritrade. The cuts included sales executives and members of the digital services team; Schwab did not disclose the total number of positions terminated.
2021
Charles Schwab reports second-quarter 2021 results
Charles Schwab reported second-quarter net income of $1.3 billion on revenue of $4.5 billion. Net income was up significantly year over year but down slightly from the first quarter.
2021
Charles Schwab sues former customer over mistaken transfer
Charles Schwab sued a former customer after alleging that it mistakenly transferred more than $1.2 million to her account and could not recover the money. The lawsuit was filed March 30, according to the article.
2020
Charles Schwab announces workforce reduction
Charles Schwab said it was laying off approximately 1,000 employees, about 3% of the combined workforce of Charles Schwab and TD Ameritrade, to reduce overlapping or redundant roles.
2020
Charles Schwab completes acquisition of TD Ameritrade
Charles Schwab completed its acquisition of TD Ameritrade, a former rival, in an all-stock deal.
2020
Charles Schwab launches Google Assistant account updates
Charles Schwab announced an integration with Google that lets clients use Google Assistant to access real-time account and portfolio updates through voice requests.
2020
Charles Schwab partners with Ronald McDonald House Charities Bay Area to provide catering
Charles Schwab offered its catering services to Ronald McDonald House Charities Bay Area during the pandemic. The charity said it had served 3,000 meals since the partnership began in June.
2020
Charles Schwab acquires Motif technology
Charles Schwab Corp. acquired Motif’s technology and most of its remaining employees. The reported acquisition includes Motif’s technology and intellectual property.
2020
Charles Schwab announces Schwab Stock Slices
Charles Schwab announced Schwab Stock Slices, a fractional trading service allowing investors to buy fractional shares of S&P 500 companies for $5 per slice. The service was scheduled to become available on June 9.
2019
Charles Schwab announced plans to acquire TD Ameritrade
Charles Schwab announced a plan to acquire TD Ameritrade in an all-stock transaction valued at $26 billion. The deal was expected to be completed in the second half of 2020.
2019
Charles Schwab announces plans to eliminate trading commissions
Charles Schwab announced plans to eliminate commissions for US stocks, exchange-traded funds, and options.
2019
Schwab announces zero commissions on U.S. stocks and ETFs
Charles Schwab announced that it would eliminate trading commissions on all U.S. stocks and exchange-traded funds. The zero-commission offer for Schwab online clients was scheduled to start the following Monday; options trades would continue to cost 65 cents per contract.