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Tuesday, May 28, 2024

Billionaire Charles Schwab’s wealth plunged nearly $3 billion after his brokerage’s shares were hammered amid the banking crisis

Billionaire Charles Schwab’s fortune has taken a massive beating after shares of the eponymous company he founded plunged amid the banking crisis. Shares of Charles Schwab Corp, a savings and loan holding company, closed 11.6% lower at $51.91 apiece on Monday, bringing its market value lower by …

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