12 events that shook the B-D biz in 2012
May 16
The Charles Schwab Corp. says it plans to wind down its brokersXpress unit. In 2011, Schwab bought the unit's parent, optionsXpress Holdings Inc., for about $1 billion in stock in order to expand its options and futures reach. Schwab says that brokersXpress does not fit its strategic plan.
Advertisement
