Published On: Thu, Mar 23rd, 2023

Charles Schwab Says It Could Ride Out a Deposit Flight

Charles Schwab Corp., one of a host of financial firms that have taken a drubbing since the

collapse of several regional banks this month, is pushing back against fears that it could face some of the same problems as paper losses on its bondholdings mount.

In an interview with The Wall Street Journal, Schwab’s chief executive said the brokerage giant could continue to operate even if it lost most of its deposits over the next year.

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