Kingland Blog

Pulling Important Details from the Charles Schwab Announcement

Written by Kingland Product Management | 11/26/19 4:15 PM

The Mergers & Acquisition market is beyond heating up in 2019 with the most recent announcement from Charles Schwab and TD Ameritrade. The $26 billion all-stock deal will merge the two biggest publicly traded discount brokers with more than $5 trillion in client assets and more than 24 million clients.

Yesterday's merger is far from unique. The financial sector has had 221 M&A announcements through the third quarter of 2019. In all, these deals totaled $206.2 billion, up by more than 40 percent from the same period last year. Client and risk monitoring activities can help you keep tabs on notable actions like this and more.

 

Watch this 1-minute video to see how quickly you can be notified of any corporate action, using today's merger as an example.