World News (12)
USA (335)
California (187)
Bay Area (11)
San Francisco (340)
Schwab (66)
2003
Business (15)
Schwab, January 2003
Schwab, February 2003
Schwab, March 2003
Schwab, April 2003
Schwab, May 2003
Schwab, June 2003
Schwab, July 2003
Schwab, August 2003
Schwab, September 2003
Schwab, October 2003
Schwab, November 2003
Schwab, December 2003
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| Jan.21 |
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Second consecutive quarterly loss Charles Schwab Corp. posted a loss of $79 million, or 6 cents per share
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| Feb.1 |
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Schwab to relinquish co-CEO title Charles Schwab will entrust the full responsibility for running the company to his management partner, David Pottruck
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| Mar.17 |
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Board OKs $250 Million Buyback Schwab is now able to repurchase a total of $350 million worth of its shares
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| Apr.3 |
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Plan for Online Bank Is Behind Schedule Charles Schwab Bank is still mired in an approval process required by banking regulators
| Apr.22 |
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Sharp decline in first-quarter profit Company earned $71 million, or 5 cents per share, during 3 months. That represented a 24% drop from last year | |
| Apr.28 |
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Schwab expands into banking Charles Schwab Bank is promising discount mortgages
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| May.5 |
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Vice Chairman Coghlan steps down John Philip Coghlan, 52, was in charge of its struggling individual investor division
| May.7 |
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Pottruck becomes sole CEO Charles Schwab, 65, continues as non-executive chairman as of shareholders meeting | |
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| Jul.23 |
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Highest quarterly profit since 2000 Profit is reflecting a surge in customer trading and gains from the drastic cost cutting | |
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| Aug.5 |
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Charles Schwab sells 2.6 million shares Stock brokerage magnate sold the Charles Schwab Corp. shares at prices between $9.88 and $10.40 raising $26.2 million
| Aug.12 |
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Schwab to fire workers, close branches Steadily shrinking stock brokerage disclosed plans to fire 250 more workers and close 20 more branches
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| Nov.4 |
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Schwab to adopt AXA Rosenberg funds Charles Schwab will adopt and rename a small mutual fund family to add more flavor to its investment menu
| Nov.14 |
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Improper mutual fund trades disclosed Charles Schwab is becoming the first major discount brokerage linked to an industrywide scandal | |
| Nov.19 |
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Schwab to buy SoundView for $345 million Charles Schwab will buy stock research firm, further extending the brokerage's reach beyond the individual investor market | |
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| Dec.16 |
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Schwab to reinstate contribution to 401k Charles Schwab will revive its matching contribution to employee 401(k) accounts next year
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