Charles Schwab Corp.
moved Monday to reassure investors that it has plenty of liquidity and does not need to sell any of its held-to-maturity securities over unrealized losses. Chief Financial Officer Peter Crawford said the business is performing “exceptionally well” and that it expects first-quarter revenue to grow 10% from a year ago. The company has an estimated $100 billion of cash flow and upwards of $8 billion in potential retail CD issuances a month.
moved Monday to reassure investors that it has plenty of liquidity and does not need to sell any of its held-to-maturity securities over unrealized losses. Chief Financial Officer Peter Crawford said the business is performing “exceptionally well” and that it expects first-quarter revenue to grow 10% from a year ago. The company has an estimated $100 billion of cash flow and upwards of $8 billion in potential retail CD issuances a month.
Steady lads
You really cannot trust what anyone is telling you. A major financial crisis is looming in horizon. SVB, Signature downfall just the beginning. Remember investment accounts are not insured. Read the print.
A statement like this means the opposite
The old 'we have plenty of liquidity trick'
🤣
Jesus, not reassuring