Charles Schwab Corp., a single of a host of fiscal companies that have taken a drubbing since the
collapse of numerous regional banking companies this thirty day period, is pushing again versus fears that it could deal with some of the similar issues as paper losses on its bondholdings mount.
In an job interview with The Wall Avenue Journal, Schwab’s chief government mentioned the brokerage huge could go on to operate even if it lost most of its deposits about the future calendar year.