Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks
From bloomberg: https://www.bloomberg.com/news/articles/2023-03-27/schwab-s-7-trillion-empire-built-on-low-rates-is-showing-cracks On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense. The firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate Capital and Signature …