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Schwab Soars on Earnings Beat as Firm Pays Down Costly Debt
By
Janet Levaux
News October 15, 2024 at 10:06 AM
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What You Need To Know
- Earlier this month, the firm named Rick Wurster as its next chief executive officer.
- It is emerging from what it called one of its most challenging years in decades last year.
- Total net new assets were $90.8 billion in the third quarter, an 88% increase on the year-ago period.
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