Tell me how forcing RTO actually helps what’s really going on. Failing revenue and employee dissatisfaction are huge red flags.
(Bloomberg) -- “Charles Schwab Corp. expects its revenue to slide as much as 11% in the second quarter compared with a year earlier, the company’s Chief Financial Officer Peter Crawford said in a statement Wednesday.”
“The forecast is the latest sign that higher rates and changing customer behavior have strained the Westlake, Texas-based brokerage. Schwab is enduring a squeeze on its net interest margin, as it borrows from the Federal Home Loan Bank network and navigates a period of lower trading activity.”