Charles Schwab says it saw “strong inflows” from clients amid this month’s banking crisis. Between March 10 and March 16, customers brought $16.5 billion in deposits, the brokerage firm announced Friday (March 17). That period coincides with the collapses of Silicon Valley Bank on March...
The online boom in the stock price of such companies as GameStop has gained the attention of brokers, prompting moves to curb the wild trading activity. The video game retailer’s price per share has skyrocketed by almost 2,000 percent since the start of 2021. The...
Online brokerages Robinhood, Charles Schwab and others were hit by outages again as the markets continued to reel and amateur traders on Reddit fueled the rapid rise of GameStop and other stocks, according to reports on Wednesday (Jan. 27). Troubled video game retailer GameStop saw shares...
Amid surging stocks, some online brokers like TD Ameritrade, Charles Schwab and Vanguard are missing out due to the websites going down, CNBC reported. The highs came from the revelation early Monday (Nov. 9) about a possible COVID-19 vaccine from Pfizer, which that company said...
December 17, 2023
Robinhood has reportedly begun enticing customers from more established brokers like Fidelity and Charles Schwab. The online trading platform has received about $1.1 billion in account transfers since Oct. 23, the day it began offering a 1% match on transferred brokerage accounts, the company told The Wall Street Journal (WSJ) in a report published Saturday […]
March 19, 2023
Charles Schwab says it saw “strong inflows” from clients amid this month’s banking crisis. Between March 10 and March 16, customers brought $16.5 billion in deposits, the brokerage firm announced...
January 28, 2021
The online boom in the stock price of such companies as GameStop has gained the attention of brokers, prompting moves to curb the wild trading activity. The video game retailer’s...
January 27, 2021
Online brokerages Robinhood, Charles Schwab and others were hit by outages again as the markets continued to reel and amateur traders on Reddit fueled the rapid rise of GameStop and other...
