Charles M. Schwab

(redirected from Charles Schwab)
Also found in: Wikipedia.

Charles M. Schwab

An American industrialist and steel manufacturer (1862-1939). He began to work as a stake driver for the Carnegie Steel Company and quickly rose to become its president. He secretly negotiated Carnegie's sale to J.P. Morgan and other investors in 1901. He continued as president of U.S. Steel, Carnegie's successor company, until 1903, when a conflict with another executive caused him to form Bethlehem Steel Company. It became the largest steel producing company in the world. He became very wealthy, but lost most of his money in the 1929 stock market crash. He was not related to Charles R. Schwab.
References in periodicals archive ?
BANKING AND CREDIT NEWS-September 16, 2014--Client assets up in August at Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW), a provider of financial services, with more than 325 offices, has said that its board of directors has declared a regular quarterly cash dividend of USD0.06 per share on its common stock.
20 May 2014 -- California-based brokerage The Charles Schwab Corp (NYSE: SCHW) shas declared a semi-annual dividend on the outstanding Fixed-to-Floating Rate Non-Cumulative Perpetual preferred stock series A in the amount of USD 35 per share.
The Charles Schwab Corporation's (NYSE:SCHW) board of directors authorised a half yearly fixed-to-floating rate non-cumulative perpetual preferred stock, series A dividend of USD35 per share on the outstanding stock, the company revealed on Friday.
Charles Schwab Corporation (NASDAQ: SCHW), a US brokerage and banking company, based in San Francisco, California, has said that James McCool, head of its client solutions group, will be in charge of corporate strategic initiatives, effective immediately, a report by Reuters said, citing a filing with the U.S.
19 May 2014 -- San Francisco-based brokerage The Charles Schwab Corp (NYSE: SCHW) said that net new assets brought to the company by new and existing clients in April 2014 totaled USD 0.3bn reflecting client cash disbursements during tax season.
US-based Discount brokerage company Charles Schwab Corp has announced plans to close down its office in Singapore.
American investing firm Charles Schwab has decided to close its office in Australia barely two years after it restarted operations in the nation.
29 July 2019 - California, US-based financial services company The Charles Schwab Corp.
After Charles Schwab (SCHW) announced an agreement to acquire assets of USAA's Investment Management Company, including brokerage and managed portfolio accounts, for $1.8B in cash, Morgan Stanley analyst Michael Cyprys said he believes mid-single digit accretion is achievable with upside potential.
For example: "The young women we surveyed show greater awareness and loftier financial goals overall, but parents clearly have more work to do in order to teach their kids positive financial habits early," said Carrie Schwab-Pomerantz, President, Charles Schwab Foundation, and Senior Vice President, Charles Schwab & Co., Inc.
The Charles Schwab Corporation ("Charles Schwab"), San Francisco, California, a savings and loan holding company ("SLHC"), has requested the Board's approval under section 10(e) of the Home Owners' Loan Act, as amended ("HOLA"), (1) to acquire Charles Schwab Trust Bank, Henderson, Nevada, a de novo state savings bank that has elected to be treated as a savings association pursuant to section 10(l) of HOLA.