UBS CEO Ermotti caught off guard by regulators’ readiness for interest rate increases
Broker Charles Schwab Reports a 46% Profit Decline in Fourth Quarter In the fourth quarter, broker Charles Schwab is expected to see a significant drop in profits, with earnings forecasted at 52 cents per share, marking a 46% decline compared to the previous year. Analysts also anticipate a 30% decrease in net interest income to…

