Schwab split from its bank would unlock value: JPMorgan
Rising concerns over pending regulatory changes and customers moving cash to higher yielding accounts have erased more than $60 billion in market value from the firm's January highs.
With all the angst bearing down on Charles Schwab Corp., the brokerage may be worth a lot more without its bank.
That’s the thinking of JPMorgan Chase & Co. analyst Kenneth Worthington who argues Schwab shares would be valued more highly by investors if they were unencumbered by the risks a
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