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The charles schwab Corp.: Schwab - A Potent Competitor.(Brief Article)(Statistical Data...

By Leuchter, Miriam
Publication: US Banker
Date: Monday, May 1 2000

Creative. That describes Charles Schwab Corp. in a nutshell, and that's why the discount brokerage is a potent threat to all competitors. From the start, San Francisco-based Schwab has reinvested itself again and again, displacing entrenched and deep-pocketed competitors. It is poised once again to move dynamically onto new turf-retail banking, where it can take advantage of its marketing prowess, its 6.7 million accounts and its technical agility. Schwab hasn't said that's the course it plans to take, but it would be a logical next step. It already offers bank-like services throu

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