Recent events
Recent events tied to this brand in public sources.
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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.
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
TD Ameritrade reports first-quarter results
TD Ameritrade reported first-quarter results, with net revenue of $1.48 billion and earnings per share of $0.82. The article said revenue increased year over year while earnings per share declined.
2019
TD Ameritrade appoints Stephen Boyle interim CEO
TD Ameritrade appointed executive vice president and chief financial officer Stephen Boyle as interim president and chief executive officer, effective immediately; he was to guide the management team through its fiscal 2020 plan and integration planning with Charles Schwab.
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
TD Ameritrade announces it will match Schwab’s no-fee trading offer
TD Ameritrade announced that it would match Schwab’s no-fee trading offer. The article reported that the move could cost TD Ameritrade as much as $240 million per quarter, or roughly 16% of its net revenue.