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Charles Schwab Says It May Journey Out a Deposit Flight

Charles Schwab Corp., considered one of a bunch of economic companies which have taken a drubbing for the reason that

collapse of several regional banks this month, is pushing again towards fears that it might face a number of the identical issues as paper losses on its bondholdings mount.

In an interview with The Wall Road Journal, Schwab’s chief government mentioned the brokerage large might proceed to function even when it misplaced most of its deposits over the following yr.

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