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Charles Schwab's Robust Business and $53B Influx of New Client Assets Calm Investor Concerns.

1 min read
Source: Bloomberg
Charles Schwab's Robust Business and $53B Influx of New Client Assets Calm Investor Concerns.
Photo: Bloomberg
TL;DR

Charles Schwab Corp. reported $53 billion in core net new client assets in March, the second-highest for that month in the firm's history. The company's founder and CEO sought to calm investor concerns about its outlook after attention turned to unrealized losses in its financial statements.

Topics:businessfinance#charles-schwab#client-assets#finance#financial-statements#investor-concerns#net-new-assets
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  1. Schwab Sees $53B in New Client Money, Wants to Calm Investors After Bank Turmoil  Bloomberg
  2. Charles Schwab: A Buffett-Style 'Fat Pitch' That Could Triple In 3 Years (NYSE:SCHW)  Seeking Alpha
  3. Charles Schwab Says Business Is Robust, Dismissing Client Cash Concerns  Barron's
  4. Schwab reports second-highest March influx of core net new client assets  MarketWatch
  5. Charles Schwab seeks to calm investors, cites new client assets  The Dallas Morning News

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