Charles Schwab announced it has seen “strong” inflows from clients over the last week. “Over the past five trading days of 3/10/23-3/16/23, clients have continued to bring assets to Schwab, with approximately $16.5 billion in core net new assets for the week, demonstrating the trust clients place in Schwab. Charles Schwab remains a safe port in a storm, driven by its conservative balance sheet, strong liquidity position, and diversified base of over 34 million account holders who invest with Charles Schwab every day. We are confident in our approach and in our ability to help clients through all kinds of economic environments,” the company stated in a press release.
Published first on TheFly
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