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Schwab Announces Agreement To Sell U.S. Trust.
0 Comments | M2 Presswire, November, 2006
M2 PRESSWIRE-21 November 2006-Breaking News: Schwab Announces Agreement To Sell U.S. Trust(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:21112006 The Charles Schwab Corporation (Nasdaq: SCHW) is a leading provider of financial services, with more than 330 offices and 6.8 million client brokerage accounts, 535,000 corporate retirement plan participants, 181,000 banking accounts, and $1.33 trillion in client assets as of September 30, 2006.
During early morning trading shares are up 1 with over 675,000in volume. This momentum comes as The Charles Schwab Corporation today announced an agreement to sell U.S. Trust, its wealth management subsidiary, to Bank of America for $3.3 billion in cash. MarketGainer.com is quickly emerging as one of the newest and most...
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