Charles Schwab Corp. is a prominent American financial services firm founded in 1971 and headquartered in San Francisco, California. The company aims to empower individual investors through a wide array of financial services and tools designed to facilitate wealth management and investment decisions. Key offerings include brokerage services, investment advice, retirement planning, and asset management solutions tailored for retail investors.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Charles Schwab began issuing corporate bonds in the early 1990s to enhance its capital structure and fund expansion efforts. Notable issuances have included a $1 billion bond offering in 2013, which was used to support its acquisition of TD Ameritrade, along with a series of funding activities aimed at strengthening its market position. Currently, Schwab’s bonds yield comparably lower than the industry average, reflecting the firm’s solid credit ratings and market confidence. Recent developments also include an emphasis on sustainable finance, indicating a potential shift towards green bonds in future issuances.