Schwab profits rise 12 percent
Oct 15 (Reuters) - Charles Schwab Corp, one of the largest U.S. brokerages, said on Monday its third-quarter profit rose 12 percent, helped by higher revenue from asset management and administration fees.
Schwab earned $247 million, or 19 cents a share, in the period ended Sept. 30. A year earlier, it earned $220 million, or 18 cents a share.
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