Overview
On the surface, Charles Schwab (NYSE:SCHW) bears very little resemblance to the startup and crypto-funding banks like SVB Financial Group (SIVB), Silvergate (SI), and Signature Bank (SBNY). However, over the last several days the stock has taken a beating right alongside these lesser-known names, falling by over 30%.
Why has this household name stock, which most know as an investment platform but which also operates a sizable bank, been caught up in this mess? And should investors be concerned?
READ FULL ARTICLE HERE!