The Charles Schwab Corporation
The Charles Schwab Corporation is a bank and stock brokerage company headquartered in San Francisco, California. Focused on investing, wealth management, banking, and trading, Charles Schwab provides an electronic trading platform for stocks and other financial assets, margin lending, cash management services, and registered investment advisers services. It operates more than 300 branches in 46 states, Puerto Rico and London.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.