FinTech Futures: Top five news stories of the week – 14 February 2025
Our pick of the top fintech news stories this week includes Moneyhub, TD Bank, QuEra Computing and more.
Charles Schwab
TD Bank to sell entire 10.1% stake in Charles Schwab in $14.6bn deal
Charles Schwab will repurchase more than 19 million shares for $1.5 billion as part of the deal.
Charles Schwab to phase out Institutional Intelligent Portfolios platform in favour of iRebal solution
Schwab will no longer be opening new accounts on the platform from 15 November 2024.
Four US digital trading apps experienced technical issues this week
It’s rare for as many as four digital brokerage platforms to experience issues all at the same time.
“Operational efficiency” report ranks US commercial banks
Charles Schwab Premier Bank and Bank of America California scored highly.
