By Adele Burton Online stockbroker Charles Schwab is reviewing its staffing policies at its UK op...
By Adele Burton Online stockbroker Charles Schwab is reviewing its staffing policies at its UK operation, Charles Schwab (Europe) because of a downturn in trading volumes. Jane Drew of Charles Schwab's UK operation said the broker was "looking very carefully at the company and assessing what resources we need". Private investors are shying away from the turbulent market conditions and Schwab's move may be mirrored at other brokers. Justin Urquhart Stewart of Barclays Stockbrokers said companies that do not combine trading services with discretionary portfolio management and advisory sto...
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