: Schwab reports $53 bln influx of new client money, second highest March in its history

Charles Schwab Corp. said Thursday it recorded $53 billion in core net new client assets, the second-highest March result in its history.

The financial services and brokerage firm said deposit flows “have remained fairly consistent” during the recent weeks of jitters in the banking sector.

While money has flowed into higher-interest-paying…

This post was originally published on Market Watch

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