Speculation surrounds future of Schwab. (31-AUG-04) Europe Intelligence Wire

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Speculation surrounds future of Schwab.

Publication: Europe Intelligence Wire

Publication Date: 31-AUG-04

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(From Private Banker International)

David Pottruck has departed as chief executive of US wealth manager Charles Schwab, amid rumours that the troubled brokerage firm could be up for sale.

In a mid-summer restructuring, Pottruck was immediately replaced by chairman Charles Schwab, the group's founder, who was co-chief executive with...

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