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My Take: Schwab CEO on CNBC

My Take:
Not only is a bank run not happening at Schwab, clients are depositing assets at an record rate. On Friday alone clients deposited $4B net new assets - and have averaged $2B per day in March.

Bettinger also bought 50,000 shares at market open today according to Sarah Eisen of CNBC.

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Sara Eisen (@SaraEisen) on X
“I personally bought 50,000 shares at the open” Schwab CEO Walt Bettinger tells me he bought his stock this am after yesterday’s selloff

Jared Watson's avatar
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