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This award honored organization that us IT to bring a “fundamental change” to the way they do business. Schwab acquired U.S. Trust and they expanded their coverage for the individual investor market to include affluent clients.
By the end of 2001 Schwab was the sixth largest public financial services firm in the United States. In February 2002, the head of Schwab’s retail business resigned. Potruck stepped in to fill the void. Schwab’s strategy was designed to entice new categories of investors into the markets while nibbling away at the edges of the established industry players’ markets...
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