The Charles Schwab Corporation , is an American brokerage and banking company, based in San Francisco, California. It was founded in 1971 by Charles R. "Chuck" Schwab, as a traditional, brick and mortar brokerage firm and investment newsletter publisher. In 1973, the company name changed from First Commander Corporation to Charles Schwab & Co., Inc. The company started offering discount brokerage on May 1, 1975, and would become one of the world's largest discount brokers.
The PGA Championship (often referred to as the U.S. PGA Championship or U.S. PGA outside the United States) is an annual golf tournament conducted by the Professional Golfers' Association of America. It is one of the four major championships in professional golf, and it is the golf season's final major, played in mid-August on the third weekend prior to Labor Day weekend.