Credit Suisse Upgrades Charles Schwab Corp. (SCHW) to Outperform, 'client sorting will persist, but such risks seem manageable'

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Go back to Credit Suisse Upgrades Charles Schwab Corp. (SCHW) to Outperform, 'client sorting will persist, but such risks seem manageable'

Schwab Reports Monthly Activity Highlights

March 13, 2023 8:30 AM EDT

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of February 2023 include:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230313005341/en/

Core net new assets brought to the company by new and existing clients totaled $41.7 billion. Net new assets excluding mutual fund clearing totaled $40.5 billion. Total client assets were $7.38 trillion as of month-end February, down 4% from February 2022 and down 1%... More