Charles Schwab move creates financial hub in North Texas
Read more here: https://www.star-telegram.com/news/business/article237751949.html#storylink=cpyFinancial giant Charles Schwab will acquire competitor TD Ameritrade for $26 billion — that’s big news in the financial world, but it’s “enormous news” for Westlake.The northeast Tarrant County town will be home to the merged headquarters, according to Schwab’s announcement on Monday. The release was not specific on a timeline, but combining the two companies could take 18 to 36 months. The deal, subject to regulatory approval, should close in the second half of 2020.The move solidifies Westlake as a financial hub for Texas and the region, said Jon Sasser, a city spokesman. Fidelity Investments and Deloitte University also have offices in Westlake.
Read more here: https://www.star-telegram.com/news/business/article237751949.html#storylink=cpy
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