The financial services company announced it would take action to make its bank smaller.Charles Schwab (SCHW 3.37%) has grappled with deposit outflows for the past couple of years, and its recent earnings didn't do much to quell investor concerns. The financial services titan reported earnings on July 16, and investors reacted with a steep sell-off, as the stock plummeted 19% in the following days.During its earnings call, CEO Walt Bettinger told investors that Schwab would shrink its bank and use third-part ...