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Bloomberg

AI Creating New Pathways to Engage Clients, Says Schwab CEO

Thursday, October 29, 2026


Rick Wurster, president and CEO of Schwab, said the company is using AI integration to streamline operations and create new client engagement methods following Schwab's investment in AI startup Nevis. Wurster stated he believes AI-related companies remain fairly valued and that no valuation bubble exists in the sector. Bloomberg reported the comments.

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