Fintech Blueprint 🤖🏦🧭

Fintech Blueprint 🤖🏦🧭

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Fintech Blueprint 🤖🏦🧭
Fintech Blueprint 🤖🏦🧭
Digital Wealth: Charles Schwab's $187MM settlement to roboadvisor clients for cash sweep
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Digital Wealth 💸

Digital Wealth: Charles Schwab's $187MM…

Farhad Huseynli
Jun 16, 2022
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Fintech Blueprint 🤖🏦🧭
Fintech Blueprint 🤖🏦🧭
Digital Wealth: Charles Schwab's $187MM settlement to roboadvisor clients for cash sweep
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Schwab profited by moving cash to an affiliate bank, loaning the money, and keeping the difference between the loan interest it received and the cash interest it paid to robo-adviser clients

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