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A $500-a-year credit card?

Feb 18, 2020

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Marketplace Morning Report
Sign up for "Econ Extra Credit with David Brancaccio" Here

First, brokerages cut commissions. Now they may be bulking up.

by Justin Ho Nov 21, 2019
Charles Schwab is reportedly in talks to buy rival TD Ameritrade. Merging could help make up for cutting trading fees to zero.
Charles Schwab is reportedly considering merging with TD Ameritrade.
Joe Raedle/Newsmakers

Charles Schwab on how low commissions became zero commissions

by Rose Conlon and David Brancaccio Oct 9, 2019
The brokerage firm has a history of lowering trading fees, says founder Charles Schwab.
Justin Sullivan/Getty Images
Corner Office

The CEO of Charles Schwab on money, growth and competition

by Kai Ryssdal and Bennett Purser Oct 31, 2018
“We generate less revenue per dollar on every client asset than anyone else,” Walt Bettinger says.
Walt Bettinger, CEO of Charles Schwab.
Charles Schwab
Corner Office

The CEO of Charles Schwab on money, growth and competition

by Kai Ryssdal and Bennett Purser Oct 31, 2018
“We generate less revenue per dollar on every client asset than anyone else,” Walt Bettinger says.
Walt Bettinger, CEO of Charles Schwab.
Charles Schwab

Trading firms cut fees in bid to boost market share

by Andy Uhler Mar 2, 2017
Investors cheered by the recent rally that took the stock market to record highs have another reason to celebrate. Some of the nation’s biggest brokerage firms — Fidelity, Charles Schwab and TD Ameritrade — all announced this week that they’re…