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.

HOT LIST

Deutsche, Goldman, JP Morgan, Merrill, Schroders, UBS

Deutsche chairman Rolf Breuer will step down in May, 2 years before his contract with the bank is up. Breuer, 68, is fighting a claim that comments he made during a Bloomberg TV interview in 2002 hastened the demise of failed media group Kirch. Deutsche is also in the dock over this interview, as the banker was speaking as a senior bank executive. The Deutsche chairman will be succeeded by finance boss Clemens Boersig.

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