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Charles Schwab CEO says won’t consider ‘de-banking’ in the ‘short-run’
The Fly

Charles Schwab CEO says won’t consider ‘de-banking’ in the ‘short-run’

After JPMorgan analyst Kenneth Worthington suggested in a note to investors that Charles Schwab could be worth considerably more if it were to "de-bank," or separate its bank operations from its brokerage operations, Charles Schwab CEO Walt Bettinger said while being interviewed on CNBC that the company "respects" Worthington’s view, but that de-banking is not something that the company is going to consider in the "short-run." Bettinger continues to be interviewed on CNBC.

Published first on TheFly

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