Charles Schwab Corp. is planning to cut jobs and close or downsize offices to achieve at least $500 million in annual cost savings as the brokerage responds to investor pressure. The company will ...

Charles Schwab has laid off about 5% to 6% of its employees, amounting to roughly 2,000 people, as it looks to cut costs. A Schwab spokesperson said these “were hard but necessary steps to ...

Charles Schwab Corp. sold fresh debt in the US investment-grade bond market Tuesday after revealing plans to cull jobs and close or downsize offices to curb costs. The financial services firm sold ...