Schwab CEO sees low risk of client cash moves to AI agents
Schwab blocks external agents from client accounts, and its CEO wants customers to set the limits.
Schwab CEO Rick Wurster told the Wall Street Journal that the risk of large cash moves to AI agents is “very low”. Schwab shares fell more than 6 percent after Meta released its agent Muse. For leaders, this shows where a large firm sets its limits.
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