Charles Schwab is best known as the largest publicly traded U.S. brokerage firm, but it also runs a large bank that isn’t quite too big to fail. Billions of dollars in deposits are still leaving its balance sheet, Schwab said Tuesday, to the tune of a 7% decline from the first quarter and a 31% drop from a year earlier. Schwab jumped 13% on Tuesday and this week has narrowed its year-to-date decline to 21%.
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