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Divine Intelligence, etc

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Charles Schwab's a Powerhouse

Charles Schwab said it has access to significant liquidity, including an estimated $100 billion of cash flow from cash on hand and a few other sources. More than 80% of our total bank deposits fall within the FDIC insurance limits. Average margin balances at Schwab fell to $60.6 billion,. But look at this total client assets slipped to $7.3, $8 trillion.

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