Charles Schwab downsizes







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(Boursier.com) — Charles Schwab will close or downsize its offices in 10 cities, according to ThinkAdvisor. Citing a company spokesperson, ThinkAdvisor reports that Schwab will close offices in Atlanta, San Antonio, San Diego, St. Louis and Tampa on October 1. The American financial institution will also reduce the size of locations in Boston, Henderson, Jersey City, San Francisco and Chicago. Smaller pitches will remain in place or be moved to neighboring areas. In a statement to ThinkAdvisor, the Schwab spokesperson said “we will be closing some of our smaller sites with modest levels of office traffic or reducing or shifting our footprint to others. There are no changes. in our major corporate centers and campuses or regarding the footprint of our branches”.


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