Charles Schwab (SCHW) Tops Q2 EPS by 1c

Schwab Reports Second Quarter Results

Asset Management and Administration Fees and Net Interest Revenue Set Quarterly Records

$37.0 Billion Core Net New Assets Set a Second Quarter Record

SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that its net income for the second quarter of 2015 was $353 million, up 17% from $302 million for the first quarter of 2015, and up 9% from $324 million for the second quarter of 2014. Net income for the six months ended June 30, 2015 was $655 million, up 1% from the year-earlier period. The companys financial results for the second quarter and first six months of 2015 include litigation proceeds of approximately... More

Schwab Launches SchwabSafe™

First investment services firm to launch a Security Guarantee nearly 10 years ago, Schwab expands consumer education and other security resources

SAN FRANCISCO--(BUSINESS WIRE)-- Today, Schwab announced the launch of SchwabSafe, an online resource with perspectives and tips on cyber security for clients. The first investment services firm to provide a Security Guarantee that covers 100% of any losses in any Schwab accounts due to unauthorized activity (launched nearly 10 years ago), Schwab continues to expand its resources for online security and fraud prevention to include educational programs such as SchwabSafe, client seminars and live consultations, and its numerous... More