Charles Schwab Reports 30% Earnings Increase and Plans to Offer Crypto Trading
Charles Schwab reported a 30% increase in quarterly net income to $2.48 billion, driven by increased client trading activity and volatile markets. The company also announced plans to launch crypto trading for bitcoin and ether, signaling a shift toward digital assets. Revenue rose 16% to a record $6.5 billion.
Topics: Bitcoin Brokerage Crypto Trading Earnings Economic Uncertainty