Schwab Provides Pandemic Pay Raise, Delays Office Return
By Jeff BermanThe firm is giving most employees a 5% raise in recognition of their service to clients and each other during the pandemic, it says.
July 19, 2021
Schwab Trading Platform Outage Annoys InvestorsCertain online functionality was unavailable to at least some investors on Monday morning, the firm said.
July 02, 2021
Schwab's Former Headquarters Now on the MarketSchwab will keep its offices in the San Francisco building through April 2028, despite moving its base to Texas in January.
July 02, 2021
Schwab Taking $200 Million Charge for SEC Robo-Advisor ProbeThe compliance inquiry relates to past disclosures around the firm's Schwab Intelligent Portfolios product.
June 23, 2021
Schwab to Launch Digital Account Onboarding for Advisors in JulyThe enhancement is part of a "second major wave" of digital capabilities and Schwab is already working on a "third phase" of its plan, it says.
January 29, 2021
Schwab, TD Ameritrade, Interactive Brokers Sued Over Trading RestrictionsA lawsuit in Colorado says the trading platforms manipulated the market, creating "massive losses" for retail investors.
January 28, 2021
Schwab, TD Ameritrade Put Brakes on Some GameStop TradingMeanwhile, Wells Fargo has stopped its advisors from making recommendations to clients to buy GameStop or AMC.
September 30, 2020
Schwab-TD Ameritrade Deal to Close Oct. 6The full integration of the two firms, though, is expected to take at least 18 months.