A possible purchase by brokerage giant Charles Schwab Corp. of rival TD Ameritrade reflects a more relaxed mood under Trump administration regulators, which has helped unleash other big-ticket takeovers in the financial sector, analysts said. CNBC and Fox Business reported on Wednesday that the two brokerages were in talks to ink a merger that Fox said could be valued at $26 billion. Regulatory filings show the U.S. Federal Reserve has partial oversight over both firms and may need to approve the deal, depending on how it is structured. …read more
Source:: Yahoo Finance
