Schwab Considering Prediction Markets Tied to Finance Events
✨ AI Summary
🔊 جاري الاستماع
Charles Schwab Corp. is likely to launch prediction markets linked to financial events as competitors including Robinhood Markets Inc. expand their presence in the space.
Schwab is “taking a hard look” at prediction markets, Chief Executive Officer Rick Wurster said on a conference call Thursday, but would stay away from allowing customers to place wagers on sports or pop culture given the firm’s focus on building clients’ long-term wealth. Schwab's CEO Rick Wurster joined Bloomberg Businessweek Daily to discuss. (Source: Bloomberg)





