| Business Summary | | The
Charles
Schwab
Corporation
engages
in
securities
brokerage
and
related
financial
services
through
its
subsidiaries.
The
Company
provides
financial
services
to
individuals,
institutional
clients
and
broker-dealers
through
four
segments.
They
consist
of
Individual
Investor,
Institutional
Investor,
Capital
Markets
and
U.S.
Trust.
The
Individual
Investor
segment
includes
the
Company's
domestic
and
international
retail
operations.
The
Institutional
Investor
segment
provides
custodial,
trading
and
support
services
to
independent
investment
managers
and
serves
company
401(k)
plan
sponsors
and
third-party
administrators.
The
Capital
Markets
segment
provides
trade
execution
services
in
Nasdaq,
exchange-listed
and
other
securities
primarily
to
broker-dealers
and
institutional
clients.
The
U.S.
Trust
segment
provides
investment
management,
fiduciary
services
and
private
banking
services
to
individual
and
institutional
clients. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Charles
Schwab
Corp.
is
a
provider
of
securities
brokerage
and
related
financial
services,
including
retail,
telephone
and
Internet-based
brokerage
operations.
For
the
six
months
ended
6/30/01,
revenues
fell
27%
to
$2.27
billion.
Net
income
before
extraordinary
items
fell
82%
to
$78
million.
Results
reflect
the
slowdown
in
trading
activities
due
to
economic
uncertainties
and
decreased
asset
management/administration
fees
due
to
less
margin
loan
usage
and
lower
interest
rates. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Charles Schwab, 63 Chairman
and Co-CEO | $8.9M | $19.1M | David Pottruck, 52 Pres,
Co-CEO | 8.9M | 63.4M | John Coghlan, 49 Vice
Chairman, Exec. VP | 2.2M | 34.4M | Steven Scheid, 47 Vice
Chairman, Exec. VP | 2.2M | 9.0M | Dawn Lepore, 46 Vice
Chairman, CIO | 2.2M | 20.2M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|