Monday, July 18, 2011

Higher Q2 Fees Aid Schwab; Trading Still Light In 'Cloudy' Times - Barron's (blog)

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Kansas City Star


Higher Q2 Fees Aid Schwab; Trading Still Light In 'Cloudy' Times

Barron's (blog)


Before markets opened, Schwab reported a 16% increase in quarterly net income as higher asset management fees helped to offset relatively light trading volume. In the quarter, the firm reported quarterly earnings reached $238 million, ...


Schwab 2Q Profit Up 16%, Fee Revenue Offsets Weak Trading

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