NU Online News Service, Jan. 15, 12:23 p.m. – The Charles Schwab Corp., San Francisco, is reporting a $13 million net loss for the fourth quarter of 2001 on $1.1 billion in revenue, compared with $139 million in net income on $1.3 billion in revenue for the fourth quarter of 2000.
The brokerage company has a unit that serves independent financial advisors, and another unit to provides investment services for employer-sponsored retirement plans.