UPDATE 1-Schwab first-quarter earnings rise but miss estimates

Charles Schwab Corp's first-quarter profit rose 6 percent as fee revenue from mutual funds and other managed money products jumped 14 percent while expenses rose and client trading revenue remained weak, the company said on Monday.

http://www.reuters.com/article/2013/04/15/schwab-results-idUSL2N0D20PW20130415?feedType=RSS&feedName=financialsSector