The Charles Schwab Corporation
The Charles Schwab Corporation (TCSC) is one of the nation`s leading providers of financial services company. The company, through its subsidiaries, is engaged in providing a full range of securities brokerage, companying, money management and financial advisory services to individual investors and independent investment advisors. In addition, TCSC also offers private banking, bond trading, annuities, mutual funds, mortgages, and other companying services. The company operates with more than 306 offices and serves about USD 1.137 trillion of client assets, 7.4 million active brokerage accounts, 1.2 million corporate retirement plan participants, 447,000 companying accounts as of December 2008. The company conducts operations in 45 states in the US, the UK, and Hong Kong. TCSC is headquartered at California, the US.The company reported revenues of (U.S. Dollars) USD 5,150.00 million during the fiscal year ended December 2008, an increase of 3.12% over 2007. The operating profit of the company was USD 2,028.00 million during the fiscal year 2008, an increase of 9.44% over 2007. The net profit of the company was USD 1,212.00 million during the fiscal year 2008, a decrease of 49.65% from 2007.
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