Charles Schwab and the fee-free frenzy: Smart growth or squeezed margins?
Charles Schwab, a major name in the brokerage industry, has built its reputation on making investing easier and more affordable. It introduced low-cost trading and later embraced commission-free trading to stay ahead of the competition. Now that zero-commission trading is the industry standard, Schwab faces a big question: Is it on the path to more growth, or will losing commission fees hurt its profits? Let's explore how Schwab is managing this shift, its successes, and the challenges ahead.
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