Charles Schwab

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March 21 at 9:55 a.m.
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Filed under: Exchanges, Investing, M&A, Updated

Schwab’s optionsXpress acquisition scrutinized

By Julie Johnsson

Charles Schwab is acquiring Chicago-based online brokerage optionsXpress Holdings Inc. for about $1 billion, the companies announced Monday.

OptionsXpress stockholders will receive 1.02 shares of Schwab stock for each share of optionsXpress stock, under the terms of the deal, which is expected to close in the third quarter of 2011. Get the full story »

Jan. 11 at 12:34 p.m.
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Filed under: Investing, Mortgages

Charles Schwab settles investment claims for $18M

By Reuters

Charles Schwab Corp. will pay $18 million to settle regulatory charges that it hid mortgage-related risks in a bond mutual fund from investors. Get the full story »