Charles Schwab plans 823 jobs in Austin

In this July 14, 2010 photo, a Charles Schwab office is shown in Menlo Park, Calif. Retail brokerage Charles Schwab Corp. said Friday, July 16, 2010, its second-quarter earnings were steady compared with a year ago on almost flat revenue.(AP Photo/Paul Sakuma)

AUSTIN (KXAN) – More than 820 jobs will be created in Austin as part of a Texas Enterprise Fund Investment in the Charles Schwab Corporation, Gov. Rick Perry announced Thursday.

The jobs are contingent on a local economic incentive package. The TEF is making a $4.5 million investment to make the 823 additional Austin jobs possible. Charles Schwab already has about 1,000 employees in Austin.

“We are very pleased to be expanding our footprint in Texas,” said Joseph Martinetto, executive vice president and chief financial officer at Schwab.

The company will also create 445 jobs in El Paso as part of a $1.45 million investment agreement with TEF. The company hopes to hire veterans in the nearby Fort Bliss community as part of the project.

Anyone interested in the jobs can find out more by visititng provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. If you see an inappropriate comment, please flag it for our moderators to review.

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