Schroders

Schroders is a global asset management company.

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Schroders in new record

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Fund manager Schroders said its assets under management rose to a record $452.5bn in the first quarter of 2014 after it took in new money across a range of products.

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The Results Of The 'City Oscars'

Around 500 'leading City practitioners' had lunch at the Guildhall on Wednesday to hear the official results of the 31st Thomson Extel research Survey, which reflects the views of 1,037 buy-side firms, 151 brokerage firms and 298 of Europe's largest quoted companies. UBS once again took the lead award, the main 'City Oscar', with Merrill Lynch coming in second. The Key results are detailed below. 2003 results in brackets.

Who's On The Move ?

Wachovia has confirmed that Kevin Roche, the head of the firm's investment banking unit, is to leave for personal reasons. Roche, 47, will be replaced on 'an interim basis', by Stephen Cummings, who runs corporate and investment banking.

The Latest On Hiring And Promotions

Deutsche Bank has just hired four senior sales and trading staff into its New York high-yield group from rivals Goldman Sachs, Merrill Lynch and Morgan Stanley, as part of what the bank has described as a 'further expansion of its credit continuum'. Right!

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