About Charles Schwab Company

Charles Schwab Financial Group (Charles Schwab Corp.) was founded in 1971 and is headquartered in San Francisco, California. Charles Schwab Financial Group is one of the largest financial services companies in the United States, mainly holding Charles Schwab & Co., Inc.), CyberTrader Bank (Schwab Bank), CyberTrader (CyberTrader, Inc.). And Schwab Financial Hong Kong Limited (Charles Schwab, Hong Kong, Ltd.), providing securities brokerage, banking, asset management and related financial services. The company has more than 300 offices, a total of 8.1 million brokerage accounts, 1.4 million corporate retirement accounts, 728000 bank accounts and $1.7 trillion in total client assets under management. clients include independent investors, independent investment advisers and corporate retirement and investment planning companies in the United States and around the world. Charles Schwab announced in March 2011 that it had agreed to buy optionsXpress Holdings Inc (OXPS), an online brokerage firm specialising in stock options and futures, for about $1 billion through a share swap. In November of the same year, Charles Schwab announced that it had completed the Compliance11 Inc. The acquisition of Compliance11 Inc. Is a leading cloud-based compliance automation software provider whose products help customers ensure that their transactions and other businesses comply with financial regulations. The company has 13900 employees. At the end of 2010, revenue was $4.248 billion and net profit was $454 million. The company is listed on the New York Stock Exchange under the symbol SCHW.