Mon, May 16, 7:57 AM, Zacks
Schwab's April Net New Assets Slump, Client Assets Rise
Schwab (SCHW) recorded net new assets (brought by existing as well as new clients) of $1.3 billion for Apr 2016, down 86% from the comparable period a year ago and 90% from the preceding month.
Mon, May 16, 6:51 AM, Zacks
E*TRADE Financial (ETFC) April DARTs Increase 1% Y/Y
E*TRADE Financial Corporation (ETFC) reported a rise in its Daily Average Revenue Trades (DARTs) in the monthly market activity report for Apr 2016. According to the report, E*TRADE's DARTs were 159,215, up 1% from both sequentially and on a year-over-year basis.