PANews reported on October 17th that according to Bloomberg, Charles Schwab CEO Rick Wurster stated in a conference call with analysts on Thursday that the company is continuing to attract younger clients, given competition from digital-native investment firms like Robinhood. He also stated that Schwab is on track to launch spot cryptocurrency trading services in the first half of 2026. He said, "I think the cryptocurrency business will be a positive, but even without it, we've already won over these clients."