Schroders

Schroders is a global asset management company.

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Schroders said to make changes at board level

Boardroom Table

Schroders is preparing to refresh its board with two new non-executives this year as part of an olive branch to investors concerned about the unorthodox decision to appoint the wealth firm’s long-standing chief executive Michael Dobson as chairman.

Why Schroders' reshuffle looks like a triumph of chumminess

london underground

Well played, Michael Dobson, that was a terrific 14-year innings as chief executive of fund manager Schroders, one of the few grand old City names to flourish in the modern world. A loss-making company in 2001 now makes profits of £600m. Take a bow, have a party and enjoy your retirement.

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BofA, CIBC, Deutsche, Citigroup, Commerzbank, Schroders

Financial News Reports that Bank of America plans to grow the profits it makes out of its corporate and investment banking activities by nearly half in the next five years. The bank wants to get another $10bn in revenues and $3bn in profits out of the unit by 2011.

Boardroom Table

Schroders said to make changes at board level

Schroders is preparing to refresh its board with two new non-executives this year as part of an olive branch to investors concerned about the unorthodox decision to appoint the wealth firm’s long-standing chief executive Michael Dobson as chairman.

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