After The Wall Street Journal reported that Charles Schwab is in talks to acquire the brokerage and wealth-management operations of USAA for roughly $2B, Goldman Sachs analyst Will Nance said he takes no view on the likelihood of any transaction but he does expect that investors will focus on the strategic rationale of a larger push into wealth management and near term financial implications of any deal if one is announced. The article said that the potential deal would push Schwab further into wealth management, which would have implications for potential cost savings, which would likely be lower given the significant employee costs of a wealth platform, noted Nance. He keeps a Buy rating and $44 price target on Charles Schwab shares, which are up 25c, or 0.6%, to $40.38 in afternoon trading.