Schwab’s stock outpaces financial stock rebound

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Charles Schwab Corp. boosted financial stocks on Wednesday on an upbeat comment from Deutsche Bank, after the money services company successfully raised about $2.35 billion in corporate debt with healthy pricing of the bonds.

Schwab SCHW stock was up 2.4% as Deutsche Bank reiterated a buy rating on Schwab and said losses in its stock price in the previous session presented a buying opportunity.

Deutsche…

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