Topline
Charles Schwab’s CEO Walter Bettinger bought 50,000 shares of his financial services firm’s stock at Tuesday’s market open, Bettinger told CNBC, the latest high-profile stock purchase among finance executives as numerous bank stocks crashed after the failure of Silicon Valley Bank and Signature Bank set off alarms on Wall Street.
Key Facts
Bettinger’s roughly $2.8 million stock purchase was a vote of “confidence” in his company after its shares dropped more than 30% in the prior three trading sessions, he said on CNBC’s The Exchange.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased