The Charles Schwab Corporation (SCHW) Friday, in its market activity report for the month of May, said total client assets were $2.11 trillion, a 20 percent increase from last year May. The firm also said its client daily average trades were 505.4 thousand for this May, a 17 percent increase from the same month last year.
Net new assets brought to the company by new and existing clients in May 2013 totaled negative $1.9 billion. May 2013 net new assets included a $10.3 billion outflow related to a mutual fund clearing services client. The clearing outflow is part of a planned transfer totaling approximately $80 billion occurring over an extended period.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.