Schwab says attrition rates from Ameritrade acquisition in-line or slightly better than estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Charles Schwab Corp. said Monday the attrition of clients as part of its 2019 acquisition of Ameritrade “will be in-line with or slightly better than our...

Charles Schwab Corp.

said Monday the attrition of clients as part of its 2019 acquisition of Ameritrade “will be in-line with or slightly better than our initial estimates.” About 4% of Ameritrade revenue prior to the deal or around 1% of combined total client assets as of Dec. 31 was its attrition estimate, the financial firm said.

said Monday the attrition of clients as part of its 2019 acquisition of Ameritrade “will be in-line with or slightly better than our initial estimates.” About 4% of Ameritrade revenue prior to the deal or around 1% of combined total client assets as of Dec. 31 was its attrition estimate, the financial firm said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines