InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,981.18
(
0.88%
)
US TECH 100
20,544.00
(
1.59%
)
Dow Jones
43,796.92
(
0.15%
)
Brent Oil
75.39
(
0.42%
)
Bitcoin
76,757.02
(
1.47%
)
Post# of 358536
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

xcentrix

Send PM Follow Ignore
Followers 4
Posts 489
Boards Moderated 0
Alias Born 04/20/2004

xcentrix

Re: None

Wednesday, 07/14/2004 12:00:00 PM

Wednesday, July 14, 2004 12:00:00 PM

Post# of 358536
Schwab selling #2 MM unit ??

Schwab trying to sell capital markets unit-report


http://biz.yahoo.com/rf/040714/financial_schwab_2.html

"If it's true, it's an acknowledgment that Schwab is recognizing that they may be spread too thin," said Sandler O'Neill & Partners analyst Richard Repetto. "It would sort of be capitulation, because the criticism of Schwab has been that they're trying to be all things to all people."

Schwab Soundview Capital Markets is the No. 2 Nasdaq market maker behind Knight Trading Group Inc. (NasdaqNM:NITE - News). Schwab Soundview reported 2003 trading volume of 3.3 billion shares.

x

Common sense is not so common. Voltaire.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up