Charles Schwab reports 15% drop in Q1 profit | Republic World
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Published 18:26 IST, April 15th 2024

Charles Schwab reports 15% drop in Q1 profit due to higher interest payouts

In the first quarter, Schwab paid an average interest rate of 1.35 per cent on deposits, higher than the 0.73 per cent recorded in the same period last year.

Reported by: Business Desk
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Charles Schwab
Charles Schwab | Image: Charles Schwab
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18:26 IST, April 15th 2024

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