Our view: Schwab’s exit from state just the latest departure

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Our view: Schwab’s exit from state just the latest departure

By Editorial board and Henry Dubroff / Friday, December 6th, 2019 / Comments Off on Our view: Schwab’s exit from state just the latest departure

The news that iconic financial services firm Charles Schwab is leaving for Texas broke just before Thanksgiving. But the shockwaves will — and should — reverberate for a while. Here’s why: • The Schwab move is the latest in a series of departures that have hollowed out the state’s financial services sector. On the Central…

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