Schwab Posts CFO Commentary Regarding Tax Reform Impact to Company

Business Wire

SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation has posted a CFO Commentary regarding the tax reform law signed today. Peter Crawford, Executive Vice President and Chief Financial Officer, provides an overview of potential impacts to the corporation’s tax rate for 2017 and 2018 at: www.aboutschwab.com/investor-relations/cfo-commentary.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with more than 345 offices and 10.7 million active brokerage accounts, 1.6 million corporate retirement plan participants, 1.2 million banking accounts, and $3.32 trillion in client assets as of November 30, 2017. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, money management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com.